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Bidenomics! Ford Will Lose $4.5 Billion On EVs This Year, Up From $2.1 Billion Last Year (Ford DOWN -48% Since January 2022, GM DOWN -40% As Fed Withdraws Stimulus)
Confounded Interest ^ | 08/03/2023 | Anthony B. Sanders

Posted on 08/03/2023 11:48:55 AM PDT by Kaiser8408a

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To: Kaiser8408a

Ford will be bankrupt in 24 months.


21 posted on 08/03/2023 1:19:17 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: ImJustAnotherOkie

Lol. I have a 98 Chev K2500 I paid cash for back then. 210k on it, I put in a brand new 350 small block in it 2 years ago. $4600 installed with a new factory warranty. I’ll just keep replacing parts. No way am I paying what they want for a new 3/4 ton truck. No way. Insane prices.


22 posted on 08/03/2023 1:28:18 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Kaiser8408a

If Ford really applies itself, they could lose $9 billion next year and $18 billion the year after. The market will only support a few hundred thousand EVs a year so Tesla (self igniting, driving and crashing), Ford (barbecue lightning PU), Chevys (Volt bomb with wheels) etc.are all competing for that limited number of buyers.


23 posted on 08/03/2023 1:34:57 PM PDT by RetiredTexasVet (Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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To: Kaiser8408a

But it won’t add anything to the cost of a real car. /S


24 posted on 08/03/2023 1:41:01 PM PDT by OKSooner ("That's not my concern.")
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To: Kaiser8408a

Homos running Ford don’t have a clue what is going on,


25 posted on 08/03/2023 1:57:12 PM PDT by chopperk ( )
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To: Kaiser8408a

Dump Ford stock now.


26 posted on 08/03/2023 1:57:45 PM PDT by chopperk ( )
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To: ImJustAnotherOkie

“ Please, a $75K F150...”

Yeah, I know. I have an 04 F-150, with the exception of being an extended cab truck with air conditioning, it’s a basic no frills truck. To replace it with a new one just like it would cost north of $75,000.00. No thanks.


27 posted on 08/03/2023 3:30:48 PM PDT by wjcsux (On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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To: Kaiser8408a
Ford received a $9.2 billion loan from the government to build EVs.

And with the $4.5 billion loss on EVs the past year, they can use that to write off taxes for a while.

28 posted on 08/03/2023 3:37:32 PM PDT by MinorityRepublican
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To: dangus

Thank you for the facts.


29 posted on 08/03/2023 4:11:20 PM PDT by SandwicheGuy ("Man is the only pack animal that will follow an unstable leader." Cesar Chavez)
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To: wjcsux

I just got rid of a 2007 f150 and got a bare bones tacoma. Very satisfied but had to wait a month. Bare bones is hard to find.


30 posted on 08/03/2023 5:11:44 PM PDT by ImJustAnotherOkie
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To: ImJustAnotherOkie

My next truck, if I live long enough, is going to be a Toyota. We have a Lexus RX 350, I’m really impressed with the quality Toyota puts in their vehicles.


31 posted on 08/03/2023 5:30:56 PM PDT by wjcsux (On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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To: wjcsux

With good maintenance they seem to hold up well.

Can’t say that about many these days.


32 posted on 08/03/2023 6:48:30 PM PDT by ImJustAnotherOkie
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To: ImJustAnotherOkie

One of my former coworkers has a Lexus sedan that was one of the first ones they made. He bought it used with around 32k miles on it when it was about five years old. He still has it. His grandson is currently driving it with over 400k miles on it!


33 posted on 08/03/2023 8:06:21 PM PDT by wjcsux (On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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To: joshua c

$6.6 billion loss with much more to come.
Why does the ceo have a job?

FTA: this year’s $4.5 billion loss figure blows away last year’s $2.1 billion loss.


34 posted on 08/03/2023 9:07:48 PM PDT by minnesota_bound (Need more money to buy everything now)
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