At $23 a share, this will leave a $300 million mark on the financials: Feb 15 (Reuters) - Ford Motor Co F.N has dissolved its stake in Velodyne Lidar Inc VLDR.O, a maker of sensors used in self-driving cars, according to a regulatory filing on... — read more
Boo Hoo when Ford gets caught
Nice job Purchasing! Low prices at what cost to Ford. No accountability with management (HTT). WASHINGTON (Reuters) - Ford Motor Co's chief executive, Jim Farley, on Thursday publicly encouraged South Korea's chemicals and electric vehicle (EV)... — read more
Used trucks now a priority?
Eye off the ball chasing used trucks. Watch Ram and Silverado capture more volume. Ford Motor Co. on Thursday launched Ford Blue Advantage, a new digital marketplace that will allow its dealers to list and sell certified used vehicles on a single... — read more
Another Faux Paux by Ford Purchasing
Stolen technology is always cheaper: SK Innovation Co.’s Korean-made batteries will be banned from the U.S. for 10 years, dealing a potential blow to efforts by Ford Motor Co. and Volkswagen AG to ramp up production of electric vehicles. SK... — read more
Name Change
Tesla was previously called Tesla Motors. Kia just changed it's name from Kia Motors to Kia Corporation. Is it time for Ford to become Ford Company or Henry's Automobile Company.
Team GM general motors bonus announced 95% compare Ford %14
Management gets all bonuses but regular GSR get nothing. Either change industry or at least join GM and get more money. Ps: since you are poor GSR we increase 14% to 50% out of our pocket Merit increase you wont get it until July since sugar is... — read more
Recent Retiree here - 2020 AICP percentage announced?
Hopefully that number is a positive one...
Has any recent retirees been able to access AXZ site?
My userid/password seems to not work. I can access SSIP and in fact, have rolled some money to Schwab in January. Password reset tied to my email does not seem to work?
Did any managers or executives get their compensation delayed?
Asking for a friend
CA dismisses Fuel Economy investigation
CA dismisses investigation on reported fuel economy. Here is our defense: Ford declined to comment on the lawsuit Friday but argues in court papers it should be dismissed, saying owners are "implausibly claiming that Ford had a duty to disclose the... — read more
Larger allocations to EVs and autonomous vehicles
What do you think about Ford increasing its investment in electric and autonomous vehicles to 29 billion dollars? Will this investment pay off? If somebody is interested, here is the article on that:... — read more
Another losing year
Ford lost $1.2 BILLION on revenue of $127 billion (down from $160 billion in 2018 and $143 billion in 2019. The loss would be worse, but there was $4.9 BILLION in "other revenue." The "Smart Mobility" group is responsible for losing almost $1... — read more
Phew
Interesting detail. https://www.freep.com/story/money/cars/ford/2021/02/04/ford-china-zoyte-electric-vehicle/4385363001/
Another zero return investment.
Ford terminated Zotye relationship today. From Oct 2017 press release: Ford Motor and China's Anhui Zotye Automobile have agreed to invest a combined $756 million to set up a 50-50 joint venture in China to build electric passenger vehicles, both... — read more
Can’t make money building cars.
Ford Motor Co. has designed and created clear N95 face masks so that hearing impaired people can read lips while protecting themselves from COVID-19, the company announced Tuesday. Another planned media distraction from what’s important, launch of... — read more
What’s another billion lost
Ford investing $1B to add capacity for 32,000 addition units in S Africa. Don’t really see other car manufacturers rushing to this market. Another step closer to being Volkswagen’s truck brand. - Ford Motor Co will invest $1.05 billion in its... — read more
How many Corporate "growth" initiatives do you remember while at Ford? List the year if possible.
Such as Ford 2000, 7 highly effect habits, matrix management, ISO....
WERS
It looks like this site is generally frequented by IT types. Maybe there is even the occasional PD LL that browses here to find embers of possible rebellious ideas that need quelled before they grow. I have a question for our anonymous Ford family... — read more
Why is Ford the only company laying off workers?
Blame chip manufactures but more like run out of room at rework/repair facilities. Another launch to be proud of. Going to feel this one in the earnings.
Can you be rehired after SRD?
Does anyone know if it’s possible to be rehired after being SRD’ed?
Anyone notice the Conway's Law reference in the recent "disruption' presentations emailed to us from upper management??
In a nutshell, the products we produces are representative of the company's internal organizational structures. Those who actually work at Ford, what do you think?
Thousands of UAW layoffs
https://www.freep.com/story/money/cars/ford/2021/01/28/ford-uaw-layoffs-plants-part-shortage/4289866001/ Doesn't hurt the laid off too bad, because they get almost full pay. However, if we aren't building and shipping the maximum number of... — read more
PRP?
I'm wondering if there will be any PRP's offered this year?
Epic fails
After the problem with the F-150s what was the epic fail, I wonder what the next epic fail will be? Don’t get me wrong, I wouldn’t like that to happen, but the probability is high. Considering how this company is managed, how much employees and... — read more
How screwed is Ford in the next 2-3 years?
That's at least how long it will take for things to go back to normal, if even then. So I'm wondering just how screwed not just us, but all automakers are in the near future.
Question
Do we have any idea when the next round of cuts will be?
Promoting from within gone. Talent is outside Ford.
DETROIT — Moray Callum, the man in charge of crafting some of Ford Motor Co.'s most memorable vehicles the past two decades, will retire as its vice president of design effective May 1, the company said Monday. Callum, 62, will be replaced by... — read more
F-150 2020 issues
https://www.cashcarsbuyer.com/2020-ford-f-150-problems/
New math? Happy with (only) eight week launch delay due to quality.
DETROIT — Ford Motor Co.'s product development and purchasing boss says he's pleased with the automaker's recent new-vehicle launches, despite delivery delays for some of the most eagerly anticipated models, and that quality issues are falling from... — read more
Ford Stock Price
How high will the Ford share price go? Is $20 achievable?
New IT FCG here: This is not what I was promised
Started in September 2020 in a business analyst role. I have not done anything beyond producing reports. My supervisor does not communicate expectations. I do not know what my other team members do. I heard some of these rotations can be either... — read more
Anybody else notice a lot of Ford employees have family in management roles?
It appears that lots of the new graduates coast in school and somehow land a role at Ford post-graduation.
What can we say? Whoops, try again.
So embarrassing and another demonstration of our lack of ability to get things done right with our customers. Anyone else feeling like Pinocchio now? Seeing why no comment from the head shed. S. safety regulators are investigating complaints... — read more
Ford Quality vs Experienced Employees
Reading through so many topic threads, seems like Ford has a serious problem with their experienced employees. That they have abused and treated them so poorly, the "Ford Family" PR cache is a thin news veneer that hides the legions of employees... — read more
Blame leaks on suppliers (of course)
My favorite line is “supplier partners.” Oxymoron like “jumbo shrimp.” Suppliers always the focus of blame at Ford; price, quality, warranty, timing, now leaks. While not naming specific models, Ford said Tuesday that "a number of these... — read more
Another reason customers luv us
The U.S. government’s highway safety agency has rejected a request from Ford and Mazda to avoid recalling about 3 million vehicles with potentially dangerous Takata air bag inflators.