bpd1151
Lurking Around
Sadly I see this becoming a trend.
Not surprising.
Not surprising.
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Ford is down to 1 car in Canada, we don't get the Focus Active.
Of the 2,039,000 vehicles sold in Canada, 31 % of them were cars, does that not sound like a market?
Another fun fact is that if you take the big 3 out of the sales totals, cars represent 45% of the total for the remaining manufacturers.
The troubling question is not that why is the car dying, but why is the American car dying?
When trucks represented less than 31%, in years gone by, did they ever think of shuttering truck production?
Bob Shanks at Ford, claims they will save 11.5 Billion by not having to develop new platforms for their discontinued cars. That is nice, but what will the saved money be used for?
And they are only deferring it, as when the next crisis hits, they will have to do the development without the assistance the deleted car production would have provided. Because no one is suggesting that cars are money losers, just they are not as profitable as SUVs and trucks.
Short term thinking at its best.
Very well said. This is a poor move, and a obvious defeat by FMC. I understand they cannot compete with the likes of Toy, Hon... oh wait. They cannot compete with the likes of the UAW. End of story. This is going to end badly for FMC and all the employees that rely on competent leadership to feed their families. I know a few FMC employees personally. They work here in KC at the Claycomo plant. Most are diehard union guys. They make a significant amount of income for what they do. They churn out an F150 like every 71 seconds. It's insane. My main point is this... you can only squeeze so much from the combustion engine and you can only convince so many people to spend $60-70K on a truck. Gas goes up, prices go up, target audience grows smaller. Younger generation isn't that interested in cars and trucks, at all. With trade wars brewing up, cost of material imports going up and these other factors, it's going to get interesting for FMC, specifically.
I love my Taurus, it's not perfect but it's a great car. I will not buy an F150. Again, I know someone personally who went through the ringer with a brand new 2016 F150 Eco. Dealer he did business with for over 20 years, a small business owner who buys personal and business vehicles every year got SCREWED by FMC and his dealer was NO help. In the end, he's bound by a sealed court agreement to not disclose the terms. I do know he kept the truck, FMC gave him a few thousand and he still had to sell it. FMC would not admit the truck was a total POS. Not even 5K miles. Lemon from ****. I just hope I don't end up in a situation like this with any American car company. I owned a 2010 Tundra, bought new in 2010. It had the cam sensor issue. 5 months after purchasing it, Toyota bought it back for what I paid. I drove their loaner off and on during that time. It wasn't an easy process, but in the end Toy did the right thing.
I believe that a company who plans on staying in business a long time should have a placeholder in each category of product they sell.
I would have thought that abandoning the field, is a signal of defeat that you cannot spin as a good thing.
If you are in this survival mode, build one car in each category, and make it a good one, and price it like your entry level offering. And consequently, don't have a ton of engine options and have them all fully loaded.
Every new Taurus should be a SHO, every Fusion a Sport model, you get the idea.
Do everything you can to sell them at the lowest price. Look at how Chrysler sold minivans based on price alone, same idea. And ease up on the autonomous driving and electrification in these segments while you keep the name alive.