Phoebe Wall Howard Detroit Free Press Published 4:44 PM EDT Oct 24, 2018 Ford Motor Co. is under fire a lot lately. The stock price is at a nine-year low, its credit rating is one notch above junk and big white-collar job cuts loom. On Wednesday, the Dearborn-based company announced a net profit of $1 billion in the third quarter, down 37 percent from a year earlier. The company said it was hurt by volatile economic conditions in Turkey, South America and Russia and particularly weak sales in China. Ford did not highlight President Donald Trump's trade war or steel prices in the media review but did respond to questions seeking explanation and confirmed that tariff-related issues have had a net impact of about $1 billion in business costs. But Mohamad "Catfish" Baidoun pays little attention to that stuff. “My father worked at Ford. I’ve got two brothers-in-law who worked at Ford, on the assembly line at the … [Read more...] about Ford mired in drama as profit sinks, yet ‘family’ keeps faith
White ford expedition for sale
Ford announced today a two-step of dolled-up 2019 Explorer and a do-si-do of 2019 Expedition special editions that it will show off at the State Fair of Texas opening today in Dallas. Why the Texas reveal? While the special editions will be on sale nationally later this year, Texas is truck country. It accounts for 1 in 4 of the Expedition full-size SUVs, according to Ford, and a big chunk of Explorer mid-size SUVs as well. Ford also claims the crown of best-selling brand in the Texas. Related: Ford Kills Off Last Remaining Planned Focus Model for U.S. "Texans love their SUVs and these four special-edition models were created very much with them in mind," said Craig Patterson, Ford's large SUV marketing manager, in a statement. Here's what's on Ford's menu at the fair (pricing not yet announced): 2019 Ford Expedition Texas (red) and Stealth (white) Editions; Manufacturer images 2019 Expedition Stealth Edition The model builds on the Limited trim level, … [Read more...] about Ford Explorer, Expedition Get Gussied Up for State Fair of Texas
So Ford is getting out of the sedan business in North America. Not a big surprise. All the signs have been there for months, going back to when the automaker announced it was offshoring Focus production and canceling plans to redesign the Fusion. And yet it seems strange that a Detroit Three car company would no longer sell Americans that most American of conveyances — the basic family sedan. But Fiat Chrysler has culled its ranks. GM has heaped nearly a decade of not-so-benign neglect on the Chevy Impala and has stated repeatedly — as recently as yesterday — that sedans are no longer a priority for it, either. Ford senior execs told the New York Times they lose money on the Fiesta, Fusion and Focus. And Ford lost one-third of its Fusion sales between 2016 and 2017 — 100,000 car sales went poof. Yet it still sold 209,000 Fusions last year, and that's not nothing: It's two-and-a-half times the number of Mustangs sold, and nobody's talking about killing the pony … [Read more...] about Ford’s move away from sedans: Can consumers afford it?
Let this be the first thing I’ve written that comes with a prefaced warning: the opinions put here are mine and mine alone and might not completely jive with the overall view of BangShift. Understood? Okay, let’s get right down to it. As part of the Q1 earnings report, a particular note popped up that has left just about everybody who is paying attention to the automotive world with something to think about: the company will be re-making 75% of the lineup by 2020, not only do they hope to have six EV vehicles in the market by 2022, and not only will there be hybrid versions of the F-150, Mustang, Escape and Bronco hitting the lineup, but there was one serious bombshell: Except the Mustang and the upcoming Focus Active, Ford will no longer be manufacturing cars, instead going all-in on trucks, SUVs and crossovers. are…you…f***ing…kidding…me? The reason, per a Ford response to a request by The Truth About Cars, says this: “Consumer buying habits … [Read more...] about Unhinged: Ford’s Almost Total Abandonment Of The Car Market
Cars.com has long pitted three-row SUVs against each other, as recently as last year with the Three-Row SUV Challenge. But we've always concentrated on light-duty people haulers — "crossovers," if you must. So how about SUVs that can tow and haul much heavier loads and tackle off-road terrain while seating up to nine? For the first time, we're finding out how the Chevrolet Tahoe, Ford Expedition, Nissan Armada and Toyota Sequoia fare against each other in this 2018 Full-Size SUV Challenge. We requested four full-size SUVs equipped with tow packages (when optional) and no price cap or driveline requirement. We stipulated standard-length models where there's a choice (Chevrolet and Ford) and received all 2018 models with four-wheel drive. We towed, tested gas mileage and put hundreds of miles on these to find out which large SUV is the best. The 2018 Full-Size SUV ChallengeTowing | Video Three judges individually awarded points in 13 categories: interior quality, … [Read more...] about What’s the Best Full-Size SUV for 2018?