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“A lot of people are thinking of buying American because they want to do their bit for the economy, but they are turned off by the problems at GM and Chrysler,” he said.
In fact, 63 percent of consumers surveyed by AutoPacific reported concern about buying from Chrysler, and 54 percent worried about buying from GM, even before the company filed for bankruptcy Monday, according to Ed Kim, director of industry analysis for the consultancy. By contrast, only 13 percent of consumers expressed concern about buying from Ford, he added.
Looks like it's good days to be a fan of the Blue Oval Sales are up, stock is up, Ford announced today that it will increase vehicle production by 10,000 units...
Being a Mustang fan, it's good to hear that Ford is doing well. But truth be told, it's good to see any of the Detroit automakers holding its own. Just think how grim it would be if all three were in bankruptcy court right now. The stumble of GM and Chrysler could end up giving Ford a big foothold on the domestic market.
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Originally Posted by Sleestack
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Originally Posted by DanielleAnne
So technically the power to money ratio is still much better with the Camaro...
I don't think they correct times at the 1320 for that......
Ford did what's called "planning ahead". The bandwagoners recognize that which is why NOW they want FoMoCo instead of GM and Crysler. (pun intended) Anyways, I've never liked either of the other two domestics. All of GM's interiors look the same and their cars/trucks drive like boats (never driven a vette or newer 05+ caddy so I will say those are the exception) and Crysler...their quality has always sucked big time. Lets offer a car with an OEM Turbo that leaks like seive within the first couple years.
Ford did what's called "planning ahead". The bandwagoners recognize that which is why NOW they want FoMoCo instead of GM and Crysler. (pun intended) Anyways, I've never liked either of the other two domestics. All of GM's interiors look the same and their cars/trucks drive like boats (never driven a vette or newer 05+ caddy so I will say those are the exception) and Crysler...their quality has always sucked big time. Lets offer a car with an OEM Turbo that leaks like seive within the first couple years.
Actually the **** hit the fan for Ford earlier when market were better and they already on the recovery, Ford mortgaged everything down to office chairs a few years back when it was possible, and they living off that and the restructuring they did then is paying off now. I regret not pushing my family to invest in Ford back in December I started talking about it a few months ago and they all what evered me and 2 weeks later triples in price, I was so pissed.
Actually the **** hit the fan for Ford earlier when market were better and they already on the recovery, Ford mortgaged everything down to office chairs a few years back when it was possible, and they living off that and the restructuring they did then is paying off now. I regret not pushing my family to invest in Ford back in December I started talking about it a few months ago and they all what evered me and 2 weeks later triples in price, I was so pissed.
Bingo. Notice while Chrysler and GM were spending money on designing new vehicles and engines....Ford buckled down and got ready for the damage. Cut brands or market shares(Jag, Volvo, Mazda, Aston Martin, etc.) Survival of the smartest
I will never buy a Dodge again. Right now my DD is a 02 Dakota and my 2nd set of ball joints just went bad at 105k miles! This rediculous and should never happen, a long with the tons of other problems I've had. It really shows why Ford is doing better. My truck and my sisters Grand Prix have been having a lot of problems right now and my dad's 04 F-150 is running like a champ at 200+ k miles. That right there is a perfect example of why the other 2 are doing poorly and Ford is doing good.
I saw on the news last night that at the rate Ford is bleeding money it will be about one year before they need assistance.
The sales thing is positive news but they are far, far from out of the woods yet. They could still end up seeking loans from the government if things don't continue to get better.
I saw on the news last night that at the rate Ford is bleeding money it will be about one year before they need assistance.
The sales thing is positive news but they are far, far from out of the woods yet. They could still end up seeking loans from the government if things don't continue to get better.
That is assuming things don't get better.
We've pretty much hit rock bottom now last month Lincoln saw a sales rise while all others say a drop. Recovery won't take us to the same levels as precrash but it will get us to levels that companies can survive.
I saw on the news last night that at the rate Ford is bleeding money it will be about one year before they need assistance.
The sales thing is positive news but they are far, far from out of the woods yet. They could still end up seeking loans from the government if things don't continue to get better.
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Originally Posted by ahddm
That is assuming things don't get better.
We've pretty much hit rock bottom now last month Lincoln saw a sales rise while all others say a drop. Recovery won't take us to the same levels as precrash but it will get us to levels that companies can survive.
Exactly. The economy is showing sign of life again, people are buying cars and spending money. My economy professor predicts the economy will have a near-full recovery by Christmas time
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