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2015+ S550 Mustang Talk
No Aussie Mustang, No EU Camaro.
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<blockquote data-quote="thePill" data-source="post: 13133640" data-attributes="member: 119504"><p>Wow, lets do a little digging first before we make that statement. In 2010 Ford posted a $144m loss in EU, in 2011, Ford posted a $182m GAIN (Profit). This year again, they posted a $218m loss. Now, lets compare that to GM's European numbers... </p><p></p><p></p><p></p><p></p><p></p><p>Go ahead..... I'll wait....</p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p>Now that we are smarter, both Ford and GM predict a $2b loss in EU this year. While GM has lost over a billion dollars a year since 1999 (currently $18b total), Ford posted as #3 selling manufacturer in Europe in 2009.... You know, during the US recession.</p><p></p><p>Not too hot? Since the entire EU auto market is down drastically, I would say $400,000 in losses in the last 5 years in that region is pretty good... Especially after they had some years of gains.</p><p></p><p>I loath GM, Chevrolet in general for how they treated employees after their mismanagement. I supported the bailout 100% but seeing the new/old GM reemerge, I'm starting to think that "Survival of the Fittest" would have been a better option. They typically treat people like idiots and while most people generally are, they don't need to be so blatant about it.</p><p></p><p>GM released a press statement today to try and swing investors after Bloomberg went public with that about changing the product more often.</p><p></p><p>Why would they ever promise that? What happens if they get a big seller... Lets change it even though it sells good? They don't deserve the paychecks they cash.</p><p></p><p>This thread is about Ford leaving AU and GM leaving EU. Ford will not be abandoning their market share after two years of losses. GM needs to abandon Europe but they are probably to stupid to pull out. Ford announced that they were leaving Australia and their stock has been on a steady increase since last Friday (Day of the announcement). In fact, it almost hit $16 yesterday, not to long after the opening. Do you know why? Because investors see long term profits by cutting losses. GM is making idiotic promises (that they won't deliver on obviously) just to offset that bad news and keep their investors investing... When is $400,000 ($462m total) in losses anywhere near as bad as the $18,000,000,000 dollar European strap-on GM's been sittin' on? It's not like Ford is just doing nothing, they are restructuring the Europe brand AS WE SPEAK. GM will spend another $5.24b from now to 2016 to try and turn things around. If it doesn't work (and it probably won't under this regime) they will announce plans to move out before the Camaro hits the streets AND, they will be another $5.24b in the hole on top of that $20-24b in 2016.</p><p></p><p>GM is Europe's Lincoln.</p><p><strong><em></em></strong></p><p><strong><em>I get my production and sales numbers from GM's investor website, they are also the numbers used to post the charts every month. I am correct, there are nearly 60,000 cars that were built that do not have sales attached to them. This is from the General Motors website for Investors (Its on Google) NOT Autotrader.</em></strong> I visit the site on the first business day of each new month.</p></blockquote><p></p>
[QUOTE="thePill, post: 13133640, member: 119504"] Wow, lets do a little digging first before we make that statement. In 2010 Ford posted a $144m loss in EU, in 2011, Ford posted a $182m GAIN (Profit). This year again, they posted a $218m loss. Now, lets compare that to GM's European numbers... Go ahead..... I'll wait.... Now that we are smarter, both Ford and GM predict a $2b loss in EU this year. While GM has lost over a billion dollars a year since 1999 (currently $18b total), Ford posted as #3 selling manufacturer in Europe in 2009.... You know, during the US recession. Not too hot? Since the entire EU auto market is down drastically, I would say $400,000 in losses in the last 5 years in that region is pretty good... Especially after they had some years of gains. I loath GM, Chevrolet in general for how they treated employees after their mismanagement. I supported the bailout 100% but seeing the new/old GM reemerge, I'm starting to think that "Survival of the Fittest" would have been a better option. They typically treat people like idiots and while most people generally are, they don't need to be so blatant about it. GM released a press statement today to try and swing investors after Bloomberg went public with that about changing the product more often. Why would they ever promise that? What happens if they get a big seller... Lets change it even though it sells good? They don't deserve the paychecks they cash. This thread is about Ford leaving AU and GM leaving EU. Ford will not be abandoning their market share after two years of losses. GM needs to abandon Europe but they are probably to stupid to pull out. Ford announced that they were leaving Australia and their stock has been on a steady increase since last Friday (Day of the announcement). In fact, it almost hit $16 yesterday, not to long after the opening. Do you know why? Because investors see long term profits by cutting losses. GM is making idiotic promises (that they won't deliver on obviously) just to offset that bad news and keep their investors investing... When is $400,000 ($462m total) in losses anywhere near as bad as the $18,000,000,000 dollar European strap-on GM's been sittin' on? It's not like Ford is just doing nothing, they are restructuring the Europe brand AS WE SPEAK. GM will spend another $5.24b from now to 2016 to try and turn things around. If it doesn't work (and it probably won't under this regime) they will announce plans to move out before the Camaro hits the streets AND, they will be another $5.24b in the hole on top of that $20-24b in 2016. GM is Europe's Lincoln. [B][I] I get my production and sales numbers from GM's investor website, they are also the numbers used to post the charts every month. I am correct, there are nearly 60,000 cars that were built that do not have sales attached to them. This is from the General Motors website for Investors (Its on Google) NOT Autotrader.[/I][/B] I visit the site on the first business day of each new month. [/QUOTE]
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