Norfolk/Virginia Beach area. And its not just 1 or 2 cars, its quite a few of them, and there seem to be more GT's sitting than V6's.

 

Thats no s*** our local dealership could hardly keep 06's and now the 07's are flat out flying off the lot!!!! lol I guess it must be the market for mustangs here!!! [sm=insomnia.gif]

 

You're in texas, no big surprise. Out here in Massachusetts mustangs do not sell well.

 

What would you like sources for? Let me know and Ill find them If its about how CNN exagerates things then thats no secret. Look at any one of their articles and you can tell they talk out of their *** to stir people up, and someone mentioned that theyre left wing liberalists.. possibly one of the most liberal in the world. When you read stuff from the news there are key words to look for, stuff like "allegedly", "supposedly" etc... that show that theyre making things up or saying things they dont know are true.. CNNs reports are full of those.

If youre looking for sources about the Ford family fortune or the new man being put into office over at Ford here ya go. This is a direct quote from Foxnews.com

(Bill Ford is the great-grandson of company founder Henry Ford, and his family still owns a 40 percent voting stake in the company.

In announcing Mulally's appointment to Ford employees, Bill Ford said in an e-mail that Ford's turnaround effort "required the additional skills of an executive who has led a major manufacturing enterprise through such challenges before."

Mulally, who has spent 37 years at Boeing, said he looked forward to applying lessons learned at Boeing to Ford.

"I also recognize that Ford has a strong foundation upon which we can build. The company's long tradition of innovation, developing new markets, and creating iconic vehicles that represent customer values is a great advantage that we can leverage for our future," he said in a statement.

Dearborn-based Ford, which lost $254 million in the second quarter, pledged in July to speed up the restructuring.

At the time, Bill Ford said the company had been caught off guard by the speed of the consumer shift away from pickups and SUVs to more fuel-efficient vehicles — a shift that has largely benefited Asian automakers at the expense of domestic companies.

In a September 2004 interview with The Associated Press, Bill Ford said the automaker was poised to sustain a financial turnaround by increasing its retail sales in the crucial American market. Instead, market share has continued to erode.

Ford shares rose 12 cents to close at $8.39 in trading on the New York Stock Exchange before the announcement. Its shares rose another 30 cents to $8.69 in after-hours trading.)


As far as the "merger" I did a search and found something about it, so I take that back, but from the sound of the article the meeting was a flop and werent really serious about it in the first place... David Cole says "These kind of discussions go on all the time. Collaborating ... is part of how they're doing things." but heres the full article for you to make your own assumptions.

[i](DETROIT — General Motors'talks with Renault and Nissan on a possible alliance _ and reports Ford may be pursuing a megadeal, too _ show how automakers constantly turn to each other even amid fierce industry competition.

GM and Ford declined to comment Monday on an Automotive News story that their high-level executives discussed a merger or alliance. Ford Motor Co. also declined comment on last month's Wall Street Journal report that Ford proposed its own deal with Renault and Nissan.

In July, General Motors Corp., Renault SA of France and Nissan Motor Co. of Japan announced a 90-day review of a possible alliance among them.

Auto executives talk frequently about"what-if scenarios"and possible deals large and small, said David Cole, chairman of the Center for Automotive Research in Ann Arbor.

"These kind of discussions go on all the time,"Cole said."Collaborating ... is part of how they're doing things."

These talks have yielded a growing number of joint efforts on everything from hybrid vehicles to better automatic transmissions, he said.

GM and Ford have been slashing their work forces and closing plants in efforts to reverse multibillion-dollar losses in the face of tough competition from Asia-based automakers. On Friday, Ford announced deeper job cuts as part of its"Way Forward"restructuring plan.

GM lost $2.9 billion, or $5.19 per share in the first half of 2006, while Ford lost $1.3 billion, or 70 cents a share.

Both companies declined to comment on the Automotive News story that quoted several unidentified people who said senior GM and Ford executives had begun talks in July but that the talks are not taking place now.

"My job is to keep everybody focused on our Way Forward plan and accelerating our results,"Mark Fields, Ford's president of the Americas, told The Associated Press on Monday."If we discussed all the speculation that was out there, I think we'd probably spend a couple of days."

GM spokesman Brian Akre said company officials"routinely discuss issues of mutual interest with other automakers."He said such talks are private and"in many cases do not lead anywhere."

Cole said an outright GM-Ford merger is unlikely and said that the companies carefully weigh antitrust issues during the lower-level cooperation that now takes place on such issues as hybrid vehicles, production technology and components.

"It would surprise me if there were a coming-together on the grand level,"said Cole, but said Ford and GM very well could start more joint efforts similar to their current work to develop a six-speed automatic transmission

Even if GM and Ford don't merge, some other automakers will as the industry further consolidates, Cole said.

Ford's chronic labor cost problems and its shortage of interesting models give GM little reason to seek a close alignment, said analyst Charles

 

Well done bl1nkage.....Im impressed!!![sm=jawdrop.gif]

 

THank you Bl1nkage, this helps tremendously.

 

You guys are only kidding yourselves if you think Ford's problems are a media creation.

Reducing production and closing plants wholesale are signs that Ford is in extremely serious trouble.

That and the fact they have to firesale supposedly popular cars (like mine with 0%/72 financing) in order to sell them.

 

Im not going to argue with you about Fords future because it is exactly that.. the future. No one knows what is in store for Ford, they may crash and burn, who knows, I do however know that they WILL NOT go down without dumping a huge chunk of that fortune of theirs into the company trying to save it. These big family owned businesses like this, they dont just fight for the company, they fight for the name as well.

And not to burst your bubble about the sales but... have you seen any Dodge commercials lately? They have a new sale every week almost! They have recently changed their annual "employee pricing" sale to now happen 3 times a year.... they have to drop the prices down to what the employees would get them for, which is roughly 15-20% off... sorry but 5 grand off a 30k car.. thats a big dive, then add on the fact that they give about 1500 cash back and low financing and youre talking little to no profit for them.

Also, not sure if you kept up with the whole 0% sale from the beginning but for the -longest- time it didnt include the Mustang, just all other models of Fords...

 

You also forget that Ford is not the only auto manf. who has had to "firesale", they are all doing it and believe me its all part of the business strategy. There are business advanatages in doing so and like others who have been in their shoes, its a short term hickie for long term success!! As bl1nkage put it, it is what it says, FUTURE, and no one can predict how successful it will or will not be. But know this, its a common battlefield, I promise!

 

Oh, no question other companies are also in deep trouble. And, yes, I closely followed the incentives - that's why I bought on August 31. Ford's plan didn't reel me in because I was ready to buy anyway - all it did was cost them money.

StowesStang, it seems to me that firesales are more about the short term rather than the long. Ford's long-term vision seems to be to reduce costs and sales in the hope of turning a profit in North America sometime in the next 3 years.

I hope that they are successful.