Ford lost $32,000 per ev in 2nd quarter

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Old 10-04-2023, 02:35 PM
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Nonsense. That money, spread out over the union workers would barely be seen in their paychecks...
You beat me to it.
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Old 10-04-2023, 02:54 PM
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All cars should be EVs. It is a small price to pay to prevent hurricanes, loss of coastland due to rising sea levels, floods, droughts, threats to biodiversity, and bad hair days.
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Old 10-04-2023, 03:11 PM
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All cars should be EVs. It is a small price to pay to prevent hurricanes, loss of coastland due to rising sea levels, floods, droughts, threats to biodiversity, and bad hair days.
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Old 10-04-2023, 03:49 PM
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Shocking.

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Old 10-04-2023, 04:11 PM
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Originally Posted by Caymus View Post
How does all this allow Ford to compete against lower cost EV makers. They will be the highest cost manufacturer.

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Originally Posted by jimjamuser View Post
One way for Ford and the US Big 3 to be more competitive is to REDUCE the CEOs' salaries. They are all making around 20 MILLION dollars per year. Japanese CEOs make one or two MILLION per year.
Put that one to bed. Ford CEO makes $21,000,000/Yr. Ford makes around 6,500,000 vehicles. So that wage amounts to about $3.25 per vehicle.

CEO wage has relatively small impact on auto cost. Unit cost is a function of Labor, Materials and overhead. CEO salary is a very small part of overhead.
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Old 10-04-2023, 04:12 PM
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Ford is recalling over 700,000 vehicles conventional gas engines
Ford F-150 Car Recalls | Ford F-150 Car Recall Tracker | DealerRater
  #112  
Old 10-04-2023, 04:27 PM
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Originally Posted by gatorbill1 View Post
EV vehicles are the future of the automotive industry. If we don't make them, they will come from China or somewhere else.
People need to check on what is going on in china as to electric cars. Lot of them are being stored because of becoming firebombs. Same with the scooters with the lithium batteries. Of course Americans will buy them if they can save a few dollars, until they explode.
  #113  
Old 10-04-2023, 05:06 PM
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People need to check on what is going on in china as to electric cars. Lot of them are being stored because of becoming firebombs. Same with the scooters with the lithium batteries. Of course Americans will buy them if they can save a few dollars, until they explode.
About 40% cheaper
  #114  
Old 10-04-2023, 07:18 PM
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Originally Posted by Jima72 View Post
People need to check on what is going on in china as to electric cars. Lot of them are being stored because of becoming firebombs. Same with the scooters with the lithium batteries. Of course Americans will buy them if they can save a few dollars, until they explode.
Urban legend. Autoweek posted a study that showed hybrids had the most fires, followed by gasoline cars, with electric vehicles having the least number of fires. Lithium battery fires do burn stronger though, and last longer.
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Old 10-04-2023, 07:34 PM
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Originally Posted by mtdjed View Post
Originally Posted by Caymus View Post
How does all this allow Ford to compete against lower cost EV makers. They will be the highest cost manufacturer.



Put that one to bed. Ford CEO makes $21,000,000/Yr. Ford makes around 6,500,000 vehicles. So that wage amounts to about $3.25 per vehicle.

CEO wage has relatively small impact on auto cost. Unit cost is a function of Labor, Materials and overhead. CEO salary is a very small part of overhead.
A basic understanding of economics and finance and some posters would not make the silly comments they make.
  #116  
Old 10-04-2023, 07:53 PM
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People need to check on what is going on in china as to electric cars. Lot of them are being stored because of becoming firebombs. Same with the scooters with the lithium batteries. Of course Americans will buy them if they can save a few dollars, until they explode.
Google BYD motors.... we are toast.
  #117  
Old 10-04-2023, 08:38 PM
MrChip72 MrChip72 is offline
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Originally Posted by Jima72 View Post
People need to check on what is going on in china as to electric cars. Lot of them are being stored because of becoming firebombs. Same with the scooters with the lithium batteries. Of course Americans will buy them if they can save a few dollars, until they explode.
Sounds like you're referencing the link below, but the reason for them being stored is that some Chinese companies initially set out to be building cheap junk EV's pre-COVID in a race to the bottom for cheapness along with government subsidies. That all backfired and now there's thousands of junk cars that no one wants.

Now you have legitimate companies like BYD in China that have just surpassed Ford as the 4th biggest carmaker in the world, and BYD only makes EV's, and likely to produce over 2 million cars per year by next year. Now every other country is going to be stuck playing catchup.

China EV graveyard
  #118  
Old 10-04-2023, 09:14 PM
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Originally Posted by merrymini View Post
I have owned a tesla, fantastic car. Most of the time charged it at home. It only becomes a problem on a long range trip. So far, when I used it that way, it wasn’t too bad but what happens when you have too many of them and not enough infrastructure for recharging? Until new battery technology comes around, a chargeable hybrid is the best transition vehicle. So why are people, particularly the administration, pushing a technology that would strip the earth of the minerals to provide these batteries? Why would anyone hold a meeting of car manufacturers of electric cars and not invite Elon Musk? I can only assume brainless zombies are making these decisions because they are so stupid.
I'd rather see Eberhard and Tarpenning at EV meetings. They're the ones who created Tesla. Musk just poured money into it.
  #119  
Old 10-05-2023, 04:23 AM
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EV's are kidnapping people!

'''I was kidnapped by my runaway electric car''' - BBC News
  #120  
Old 10-05-2023, 06:49 AM
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I'd rather see Eberhard and Tarpenning at EV meetings. They're the ones who created Tesla. Musk just poured money into it.
Where would the company be without Musk who also built the co.
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