Ford's darkest day in 5 years - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

stratt · 07-28-2016, 11:39 AM

http://money.cnn.com/2016/07/28/inve...own/index.html

Interesting read. Seems GM is doing much better than Ford.

davidscamaro · 07-28-2016, 12:05 PM

That's what you get for trying to push your products with pop culture phrases like (Eco-boost)

And there TV commercial advertising is pathetic. Bunch of sweater vest wearing metro sexulals dancing around gabbing about connecting a phone with Bluetooth...

shaffe · 07-28-2016, 12:08 PM

Is an interesting read.

Quote:

Originally Posted by davidscamaro

That's what you get for trying to push your products with pop culture phrases like (Eco-boost)

And there TV commercial advertising is pathetic. Bunch of sweater vest wearing metro sexulals dancing around gabbing about connecting a phone with Bluetooth...

GM's commercials aren't much better. The focus group guys commercials are awful, "you can only respond using emojis!"

davidscamaro · 07-28-2016, 12:12 PM

Quote:

Originally Posted by shaffe

Is an interesting read.

GM's commercials aren't much better. The focus group guys commercials are awful, "you can only respond using emojis!"

Yeah the GM commercials are getting bad too, at least the 6th gen camaro add is just classic style show the car driving fast and sexy

Donald · 07-28-2016, 12:48 PM

Interesting, I guess it's results from long term vs short term strategy. I remember reading GM started moving away from rental sales citing it hurts resale value. Then the article mentions one of the reasons Ford is hurting is resale value in the toilet (among other things).

ssrs2lt · 07-28-2016, 12:54 PM

Rut rohh...

KMPrenger · 07-28-2016, 01:01 PM

Interesting read indeed, and does seem to indicate that GM is doing better. But they are the same industry, and if Ford is hurting in a lot of areas, then its a bet that GM is going to be hurting in a few of those as well.

If you watch the video, Mark Fields talks about the future of the company, developing new transportation products, and he talks about 'access' instead of 'ownership', and last but no least, autonomous cars. This is precisely the same thing that I watched in a GM video interview several months ago. GM is moving towards the idea that at some point, ownership of vehicles is going to diminish to a low number as many folks will be using services instead. Also, they are moving aggressively towards developing autonomous vehicles. It was almost a little "scary" to watch, as GM basically confirmed that the car industry will be nothing like it is now when all of this starts to take hold and become the norm.

davidscamaro · 07-28-2016, 01:55 PM

Quote:

Originally Posted by KMPrenger

Interesting read indeed, and does seem to indicate that GM is doing better. But they are the same industry, and if Ford is hurting in a lot of areas, then its a bet that GM is going to be hurting in a few of those as well.

If you watch the video, Mark Fields talks about the future of the company, developing new transportation products, and he talks about 'access' instead of 'ownership', and last but no least, autonomous cars. This is precisely the same thing that I watched in a GM video interview several months ago. GM is moving towards the idea that at some point, ownership of vehicles is going to diminish to a low number as many folks will be using services instead. Also, they are moving aggressively towards developing autonomous vehicles. It was almost a little "scary" to watch, as GM basically confirmed that the car industry will be nothing like it is now when all of this starts to take hold and become the norm.

Hopefully I'll be long dead when that time comes

FenwickHockey65 · 07-28-2016, 01:59 PM

Quote:

Originally Posted by Donald

Interesting, I guess it's results from long term vs short term strategy. I remember reading GM started moving away from rental sales citing it hurts resale value. Then the article mentions one of the reasons Ford is hurting is resale value in the toilet (among other things).

That and rental sales are typically low profit to flat out unprofitable.

detltu · 07-28-2016, 03:34 PM

Quote:

Originally Posted by shaffe

Is an interesting read.

GM's commercials aren't much better. The focus group guys commercials are awful, "you can only respond using emojis!"

Gm's commercials are terrible. I just feel bad for the guy who got mauled by the bear when he got in the aluminum cage because I told him it was next to my buick. His final words were "thats not a Buick! [poop emoji]"

motorhead · 07-28-2016, 03:44 PM

It isn't just Ford. We will be looking at another collapse of the entire economy worse than 08. It's coming.

The view is very familiar. The people that know see it. They just want to rape it again before they let the average sucker in on it. By that time it will be to late as in 08. Best thing people could do is to get out of debt and put money back. You might want to load up on guns and ammo too. They may be more important than money.

Thor142 · 07-28-2016, 03:52 PM

Quote:

Originally Posted by motorhead

It isn't just Ford. We will be looking at another collapse of the entire economy worse than 08. It's coming.

The view is very familiar. The people that know see it. They just want to rape it again before they let the average sucker in on it. By that time it will be to late as in 08. Best thing people could do is to get out of debt and put money back. You might want to load up on guns and ammo too. They may be more important than money.

Somebody gets it. There was never a real recovery. The Fed just pumped the economy up with trillions of dollars of 0% interest fiat money. But this is a Camaro enthusiast forum so I'll leave that alone. Oh and when I say the Fed I don't mean the government.

khell86 · 07-28-2016, 04:17 PM

Ford's finance's profit was down 21% from rising delinquencies. It's happening to everyone. Inflation is sky rocketing and people are being dumb and taking out huge 72 and 84 month loans just so they can afford a nice car. Eventually the shit's going to hit the fan again.

motorhead · 07-28-2016, 04:57 PM

Quote:

Originally Posted by khell86

Ford's finance's profit was down 21% from rising delinquencies. It's happening to everyone. Inflation is sky rocketing and people are being dumb and taking out huge 72 and 84 month loans just so they can afford a nice car. Eventually the shit's going to hit the fan again.

Yep, it is falling apart again and it was never fixed the first time. Too many people walk this earth living way above their means, with businesses and governments pushing them to do so

72 to 84 months on a car is insane. My wife is a banker ,and they always had the feeling that if you need to take a 60 month loan on a car it's more then you should really be buying.

I wish everyone got the chance to own their own business for just one year. Then they would find out quickly what true needs are over wants. They wouldn't look at just the monthly payment either.

07-28-2016, 11:39 AM	#1
stratt Drives: Waiting on my 2016 Camaro 2SS Join Date: Dec 2015 Location: North Carolina Posts: 497	Ford's darkest day in 5 years http://money.cnn.com/2016/07/28/inve...own/index.html Interesting read. Seems GM is doing much better than Ford.

07-28-2016, 12:54 PM	#6
ssrs2lt Drives: too many Join Date: Jul 2013 Location: oh va pa ma tx Posts: 3,046	Rut rohh... __________________

07-28-2016, 01:01 PM	#7
KMPrenger Drives: 16 Camaro SS, 15 Colorado Join Date: May 2009 Location: Jefferson City, Missouri Posts: 13,943	Interesting read indeed, and does seem to indicate that GM is doing better. But they are the same industry, and if Ford is hurting in a lot of areas, then its a bet that GM is going to be hurting in a few of those as well. If you watch the video, Mark Fields talks about the future of the company, developing new transportation products, and he talks about 'access' instead of 'ownership', and last but no least, autonomous cars. This is precisely the same thing that I watched in a GM video interview several months ago. GM is moving towards the idea that at some point, ownership of vehicles is going to diminish to a low number as many folks will be using services instead. Also, they are moving aggressively towards developing autonomous vehicles. It was almost a little "scary" to watch, as GM basically confirmed that the car industry will be nothing like it is now when all of this starts to take hold and become the norm. __________________ 2016 Camaro 1SS - 8-speed - NPP - Black bowties 2010 Camaro 1LT V6 (Sold. I will miss her!)

07-28-2016, 12:05 PM	#2
davidscamaro Drives: 2010 SS/RS M6 BIG cam Join Date: Mar 2016 Location: McDonald's DT Posts: 857	That's what you get for trying to push your products with pop culture phrases like (Eco-boost) And there TV commercial advertising is pathetic. Bunch of sweater vest wearing metro sexulals dancing around gabbing about connecting a phone with Bluetooth...

07-28-2016, 12:48 PM	#5
Donald Drives: Just a dream... Join Date: Jul 2015 Location: Lewisville TX Posts: 140	Interesting, I guess it's results from long term vs short term strategy. I remember reading GM started moving away from rental sales citing it hurts resale value. Then the article mentions one of the reasons Ford is hurting is resale value in the toilet (among other things).

07-28-2016, 03:44 PM	#11
motorhead Drives: Love the one you're with Join Date: Sep 2009 Location: Downtown Charlie Brown Posts: 11,850	It isn't just Ford. We will be looking at another collapse of the entire economy worse than 08. It's coming. The view is very familiar. The people that know see it. They just want to rape it again before they let the average sucker in on it. By that time it will be to late as in 08. Best thing people could do is to get out of debt and put money back. You might want to load up on guns and ammo too. They may be more important than money.

07-28-2016, 04:17 PM	#13
khell86 Drives: 2012 Ford Focus Join Date: Jan 2014 Location: Texas Posts: 394	Ford's finance's profit was down 21% from rising delinquencies. It's happening to everyone. Inflation is sky rocketing and people are being dumb and taking out huge 72 and 84 month loans just so they can afford a nice car. Eventually the shit's going to hit the fan again.