Silver as an investment

Category Archives: Ford Motor Company

Lousiana Cops Boycott Ford Over Support For Kneeling NFL Players

In a perfectly ironic twist, just days after Jamele Hill urged Americans to protest Jerry Jones decision to make his players stand by 'hitting him in the wallet' and boycotting his sponsors, a Louisiana sheriff's office that is boycotting Ford over the automaker's decision to support NFL players' right to peacefully protest during the national […]

Carmageddon Continues – Dealers “Wildly Overweight” SUVs As Sales Slow

Authored by Mike Shedlock via MishTalk.com, The auto boom, one of the key components propping up consumer spending, has come to an end. Dealers are wildly overweight SUVs just as the market turned. As auto-industry growth stalls and family sedans go the way of the flip phone, one silver lining had been the trusty “crossover” […]

Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending

It was hard to find a bright spot for auto investors in July’s auto sales figures released earlier today with GM down 15% YoY, Ford off 7% and Chrysler down 11%. The companies blamed the drops on lower fleet sales but GM’s retail sales also fell 14.4% from July 2016.  Meanwhile, Ford and Fiat Chrysler […]

Hecho En Mexico: 2017 Auto Production In Mexico Surges Despite Trump Attacks

Earlier this year, before then President-elect Trump even moved into the White House, he picked several very public fights with auto manufacturers over their increasing reliance on Mexico for incremental production volumes.  In a January 3rd tweet, the President-elect said “General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free […]

Chinese Carmakers, Volkswagen, BMW Roll Out “Tesla Killers”

The much anticipated Tesla Model 3 has yet to be released and already a groundswell of electric car competition is forming to challenge Elon Musk’s upcoming offering. Start in China, where the Model 3 is not due to arrive until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch “Tesla […]

Ford Warns “Used Car Prices Will Drop For Years”

Earlier this morning we noted Ford’s “CFO Let’s Chat” meeting with analysts before which Ford announced weak 1Q adj. EPS guidance of 30c-35c, coming in well below analyst estimates of 47c, which they blamed on higher costs, lower volume & unfavorable exchange rates.  With the call now concluded, here are a couple of the key […]

Ford Stock Slumps To Post-Election Lows After Slashing Guidance

With auto loan growth collapsing… And after admitting that "auto sales have reached a plateau,"  – Below are some of the key comments from Ford executives describing the current conditions in the auto market: "For the remainder of the year, we continue to see retail in the industry provide incentives still running at historically high […]

Soaring Lease Returns Set To Wreak Havoc Used Car Pricing and Auto Industry Profits

For months we’ve warned that declining used car prices could spell disaster for subprime auto securitizations (see “Slumping Used Car Prices Spell Disaster For Subprime Auto Securitizations“).  While it’s always difficult to predict the exact timing of when bubbles will burst, a combination of record-high lease returns in 2017 and 2018, combined with rising interest […]

More Jobs Shipped Out Of The Country: Ford Moves All Small Car Production To Mexico

What is going to happen when America finally doesn’t have any manufacturing jobs left at all?  On Wednesday, we learned that Ford Motor Company is shifting all small car production to Mexico.  Of course the primary goal for this move is to save a little bit of money.  This hits me personally, because my grandfather […]