Ford sees profit sliding 55% (vehicles, 2015, auto, best)

[taimaishu]

https://www.usatoday.com/story/money...ings/92821554/

Toyota drops 20% and everyone goes gaga. Ford slides 55% and no one peeps a word. Anyone know why? NO ONE CARES ABOUT FORD! lol

Toyota is still a BIG FISH in a small pond.

[skinsguy37]

Originally Posted by taimaishu

https://www.usatoday.com/story/money...ings/92821554/

Toyota drops 20% and everyone goes gaga. Ford slides 55% and no one peeps a word. Anyone know why? NO ONE CARES ABOUT FORD! lol

Toyota is still a BIG FISH in a small pond.

I care about Ford Mustangs.

[ukrkoz]

No, because CD folk is very patriotic and Big Three is America. So you gaga at Toyota but feel compassion to Ford.

[Checkered24]

Just more evidence of a larger industry trend most people seem to be overlooking... the new car market has become over-saturated with inventories building, and automakers are piling more money on the hood to move cars off lots (which erodes profit).

[blktoptrvl]

No, because even thought Ford slid, they still beat expectations.

[YourWakeUpCall]

Originally Posted by taimaishu

https://www.usatoday.com/story/money...ings/92821554/

Toyota drops 20% and everyone goes gaga. Ford slides 55% and no one peeps a word. Anyone know why? NO ONE CARES ABOUT FORD! lol

Toyota is still a BIG FISH in a small pond.

You do realize that profits are not the same thing as sales, right?

FMC sold over 2.6 million vehicles in the US last year, an increase from 2015, so someone obviously cares. For the record, Toyota sold 2.45 million vehicles in the US in 2016, a decrease from the prior year. So much for your "big fish" theory.

I've never understood blind loyalty to automotive brands (or any brand, for that matter). Leg humping/nut swinging is never a pretty sight.

[unit731]

Doesn't sink in or do not comprehend.


As I stated in a previous post.


There is a recession on average every 7 years in the US. The last one was on/about 2008. So are we due for another one?


The current stock market is way high. Ever heard of a correction? Or worse?


All of those folks who have any money in an IRA or Roth or whatever they are called. Most (not all) are tied to the stock market.


When the stock market goes down (a lot), money becomes scarce. Businesses cut back. Lending becomes more difficult.


Then jobs get cut.


And car sales tank.


It's called capitalism. Similar to what Winston Churchill stated about democracy. It is the worst system out there except ALL OTHERS.


Again, as I stated before, keep your job at Enron. Put all of your retirement funds in Enron stock. And you will be just fine, right?

[eaton53]

Originally Posted by taimaishu

Toyota is still a BIG FISH in a small pond.

How exactly is the #3 seller a "big fish"?
They're behind both Ford and Chevy. Not GM... just Chevy.

[Tourian]

Originally Posted by taimaishu

https://www.usatoday.com/story/money...ings/92821554/

Toyota drops 20% and everyone goes gaga. Ford slides 55% and no one peeps a word. Anyone know why? NO ONE CARES ABOUT FORD! lol

Toyota is still a BIG FISH in a small pond.

Context is important. From YOUR link:

The decline was expected because Ford posted its best third-quarter results ever of $2.2 billion a year ago.

Nobody expected them to continue a blistering record setting pace again and again as if it were the norm.

[southernnaturelover]

Originally Posted by eaton53

How exactly is the #3 seller a "big fish"?
They're behind both Ford and Chevy. Not GM... just Chevy.

The auto biz is global now. Don't know about 2017, but Toyota has ranked #1 several years recently.