Is Ford going to be bankrupt as well?

[leopaul]

Hey guys, I have a question, with news regarding that Chrysler & GM (General Motors) are going bankruptcy, could there be a probability of having Ford Motor Company bankrupt as well? I mean this automaker was belong to the big three right? Is there any chance of being bankrupt?

[1D4LV]

i think their case is different. hindi nga ata sila tumanggap ng bailout money from the feds.

[parakitoJDM]

actually i'm quite optimistic about Fords future....
tulad ng sinabi ng prev. reply. they didn't avail of the Feds bail-out plan.
and Ford's Product offering is in their most competitive stage yet....

Ford Fusion Hybrid has bested that of Toyota's Camry Hybrid....
they have so many other new technologies lined up...like the EcoBoost.
they have almost full completed replacing their trannys in the US with the fuel saving 6speed A/T. even ahead of Honda's offering....
may high-power Ford Focus featuring 2.0li TDCi hovering around 200hp.

also read the news here......
http://www.detnews.com/article/20090...hrysler+buyers

they'r poisted to lure in more and more customers fm. GM & Chrysler...

[uls]

Ford isnt going bankrupt

Ford didnt even need help from the USG

[SaberRider]

actually i'm quite optimistic about Fords future....
tulad ng sinabi ng prev. reply. they didn't avail of the Feds bail-out plan.
and Ford's Product offering is in their most competitive stage yet....

Ford Fusion Hybrid has bested that of Toyota's Camry Hybrid....
they have so many other new technologies lined up...like the EcoBoost.
they have almost full completed replacing their trannys in the US with the fuel saving 6speed A/T. even ahead of Honda's offering....
may high-power Ford Focus featuring 2.0li TDCi hovering around 200hp.

also read the news here......
http://www.detnews.com/article/20090...hrysler+buyers

they'r poisted to lure in more and more customers fm. GM & Chrysler...

Sadly, it's true. It's been in many International major news programs for the past months na. The big 3 US automakers. Mahirap rin dun sa sinabi nilang Ford Focus TDCi is that if you've ever been to the US you'll notice that there's rarely a gas station that carries diesel. Even if they have hybrid vehicles, the fact that they're officially tagged as an unstable company eh how will the masses think of investing their hard earned cash for a Ford Hybrid compared to a Honda/Toyota Hybrid? Or even the Ecoboost technology? They barely have enough cash to survive eh ngayon pa sila maghahabol sa mga competitors nila who have already these features in their vehicles years ago. That's the same reason why Daimler separated from Chrysler kasi alam ng Daimler(Benz) na mas versatile/flexible yung fleet line-up nila kaysa sa Chrysler.

Besides, with all the new "innovations" Ford has come up, you'll have to forecast the production costs, and how will they sell their other models to at least have increased revenue? It's a very dangerous gamble. Today, their stock index is -1.31%. Akala natin maliit lang yan kasi -1.31 lang kaso nga in the stock market eh .10% nga lang ang laking loss na yun eh papaano pa ang -1.31? And the highest Index chart reading is only up to 6.5.

"After billionaire Kirk Kerkorian sold off his holdings, Ford's prospects just got grimmer. Kerkorian bought a 7% stake in Ford back in May last year for $6.50 a share, and the stock dropped to $2 now, so he lost a few billion dollars.
Ford has enough cash on-hand to last through the end of 2009, at their current burn rate of $1 billion a month. If things don't get better by then and they don't get a Federal Government bailout, they are done for."

[tidus1203]

But they are not in good shape either certainly if compared to the Japanese and European makers. They are just hanging in there, but they are also loosing a lot of money.

[uls]

yep Ford is still losing money

Ford probably will gain market share

car buyers would avoid GM and Chrysler if they will have servicing/warranty and parts problems

GM and Chrysler are reducing a large number of dealerships

[tidus1203]

Lets put it this way if the car market does not improve in let's say 2 years time then Ford will also go in GM and Chrysler's route...

[uls]

yep

automakers (US or foreign) will not be selling cars like they did during the boom years

lenders will no longer just give anyone a car loan (tighter lending standards)

new cars won't be leaving the dealership car lots as fast as before

the automakers better get used to it

[n2knee]

Ford unveils programs to woo GM, Chrysler buyers
Financial problems of rivals gives Ford opportunity to lure new customers

ford is already on the move

[redorange]

yep

automakers (US or foreign) will not be selling cars like they did during the boom years

lenders will no longer just give anyone a car loan (tighter lending standards)

new cars won't be leaving the dealership car lots as fast as before

the automakers better get used to it

Lenders are willing to let people borrow money for car loans, the problem is people aren't applying for loans because of the bad economy and not knowing if they will have a job a month from now. We just bought a car and even applied for the loan from the bank in the dealership using the managers computer and had it approved within minutes of clicking submit. Even bought a Dodge so we can help to stimulate this economy.

[tidus1203]

If you wanna stimulate the local car industry buy a Ford cause they are the one who really has a chance of survival. Forget GM and Chrysler they are IMO hopeless cases...

[redorange]

If you wanna stimulate the local car industry buy a Ford cause they are the one who really has a chance of survival. Forget GM and Chrysler they are IMO hopeless cases...

Funny cause the last I looked they are still operating and selling cars. You also must not like the underdogs so you always go for the favorites, it's a good thing your opinion only matters to you.

[tidus1203]

Yep kaya nga may IMO. Pero its your money, your call. Just saying if ako ayaw ko too risky...

[uls]

Lenders are willing to let people borrow money for car loans, the problem is people aren't applying for loans because of the bad economy and not knowing if they will have a job a month from now. We just bought a car and even applied for the loan from the bank in the dealership using the managers computer and had it approved within minutes of clicking submit. Even bought a Dodge so we can help to stimulate this economy.

yes, there's low demand for credit coz people are already deep in debt and are trying to pay down debt

and yes, people are worried about job security

you were approved immediately coz you probably have good credit standing/high FICO score

[tidus1203]

It works both ways. People don't want to borrow, lenders are also now more picky. In the boom days even if you worked as a janitor at McDonald's you can borrow money to buy a car these days I doubt you could...

[uls]

Funny cause the last I looked they are still operating and selling cars. You also must not like the underdogs so you always go for the favorites, it's a good thing your opinion only matters to you.

everyone knows companies in bankruptcy restructuring still operate

Chrysler is still operating

its dealers are still selling cars

GM will still operate past June 1 even if it files Chapter 11

the point is, supporting a company is kinda like rewarding it

if you buy Ford cars, it's like rewarding Ford for doing a better job staying alive (unlike those 2 zombies)

If you bought a Dodge, you just rewarded a zombie company for trying to stay alive using taxpayer money

[uls]

the point of tidus is GM and Chrysler should be DEAD

that's what i think too

if it wasnt for the USG interfering with the laws of nature (survival of the fittest), GM and Chrysler wouldnt have made it past 2008

Ford is the fittest among the 3

it deserves to survive... more than the other 2

that's why tidus said it's better to buy Ford cars

support the winner, the fitter one, not the losers, the zombies who need taxpayer help

and that's what i think too

[niky]

Ford makes cars that are more desirable. Aside from the aging Escape and Mark I USM Focus, their US lineup is full of cars that are truly competitive with the Japanese in terms of desirability and reliability (shocking, huh?). Their European line-up includes the class-leading Mondeo and Euro-Focus, and is sure to be bought out by another company should Ford USA actually go under.

Ford is definitely in trouble. All the automakers, including Honda and Toyota, are. But they've been trying to effect changes to improve their products for the past few years, and it shows. Chrysler just keeps digging itself deeper into a money pit. Even sharing platforms and engines with Mitsubishi and Hyundai (The Lancer and Caliber have the same engine and drivetrain) doesn't help them much. The Lancer is actually a desirable product, while the mechanically similar Caliber is just completely off-the-mark. The Jeep Compass based on it is even worse.

GM has just made way too many terrible decisions. Poor products. Poor interior quality and reliability. Poor product planning and placement... too many competing sub-brands, brand-engineering that takes the worst of all worlds... (Buying out Daewoo was probably the stupidest thing any major manufacturer could do...)... GM, despite having the odd hit here and there (the Corvette, the Malibu, the Cadillac CTS), deserves to die.

-

This truly is a carpocalypse. With even the mighty Toyota burning through over 8 billion dollars last year (despite a multibillion dollar profit in the first half of 2008), fate only knows which carmakers will be left standing. But here's the thing... if you're going to buy a car in this market, reward the makers who make cars that are actually worth buying.

[uls]

as the credit bubble grew, the automakers of the world also grew

post credit bubble, the automakers, large as they are, couldnt adapt quickly to the new environment

their production capacity was designed for boom times

as the credit bubble deflated, the automakers still produced at full capacity, leading to record high inventory

it took them a while to finally decide to cut back on production

now, the automakers of the world can only hope and wait...

hope that the global economy will finally recover

wait for consumers to start borrowing and spending again

while hoping and waiting, the automakers are burning cash

this crisis is suppose to separate the strong from the weak

in the months to come, we will see which is which