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Location: New Albany, Indiana (Greater Louisville)
11,974 posts, read 25,462,489 times
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What is amazing is that in 10 years Kentucky's 2 Ford factories could be more important than the Toyota factory, especially once both Louisville plants are refitted to make the Ford Fiesta. I predict layoffs at the Camry/ Venza plant in Georgetown KY by years end
thats excellent news. I predicted this as soon as the Toyota fiasco started. I knew GM was to be soon overtaken by Ford and Toyota was in their sights.. BTW- Ford had 11000 orders last month for the new 5.0 GT Mustang.
What is amazing is that in 10 years Kentucky's 2 Ford factories could be more important than the Toyota factory, especially once both Louisville plants are refitted to make the Ford Fiesta. I predict layoffs at the Camry/ Venza plant in Georgetown KY by years end
Agreed.
Toyota will be releasing Q4 and 2009 year end financials on March 31st, and it looks like they are going to get stung. They are already down about $7 billion through the first three quarters of 2009. They have been depleting their cash reserves since 2007 while rapidly expanding with new factories for a production capacity that is no longer needed. Ford, GM, and others are on a product blitz as Toyota releases warmed over Camrys and Avalons that look the same as the previous 4-5 model years. If I were a Toyota stockholder, I would be searching for the exit door right now.
Good for Ford. A nice, strong product lineup, flashy new designs, increasing reliability, good build quality, attractive pricing, good performance, new overseas models being introduced (ie Transit, Fiesta).
Crystal ball: Within 5 years, Ford will become the #1 automaker in America, in both sales volume and overall brand-image / popularity.
Mark my words! You read it here first.
I also predict that Chrysler will go belly-up within 10-12 years. This I'm not as sure of, but if it were to happen it won't surprise me.
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