Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs (1 Viewer)

[Kushinator]

BUT, whenever you are scrambling because you don't have much in the way of an actual direct response to the point being made, you like to bring it up as though somehow my having discussed 2011 conditions in 2011 means I have to think those are the same conditions that hold in the present day.

You finally got something right! Like Krugman when he said Trump's administration would leave us in economic malaise. Just for the writing reasons.

If you like, I could go find other posts where you have referenced (for example) bond rates, and then post today's rates as a comparably poor attempt to distract from the point that is actually at hand.?

You may try. I'm very confident in my predictions throughout the years. Can you say the same Will?

I do enjoy that you put these together, apparently without even realizing.

You bright up minimum wage. I continued the discussion as such because we are now facing the conditions that lead to stagflation... which you correctly predicted!

Sure, Kush. Taking a specific instance of Ford and discussing the general dynamics that this instance is part of is a deflection, but trying to dig up a 2011 thread on an entirely different topic regarding economic conditions then and triumphantly laughing about how they aren't economic conditions now totally isn't

See above. Minimum wage has nothing to do with the topic. Falling bond prices with a simultaneously falling dollar (in the wake of Trump's disaster policy paradigm) is very much on it.

 

[Peter]

I've never said it would end the US economy. I have said it would have deleterious effects - and it would, which is part of why the United States' economy is (recent upheaval notwithstanding) superior to the French one.

I have a feeling the French are happy with having the work/life ballance they have rather than being slightly richer.

I know I would much rather live in France and have a job than the US.

 

[Ikari]

I have a feeling the French are happy with having the work/life ballance they have rather than being slightly richer.

I know I would much rather live in France and have a job than the US.

Maoist commies would rather Dear Leader and the party Oligarchy prosper at the expense of the people.

 

[dobieg]

Ford faces significant losses on its electric vehicles.
The automaker this year projected losses of up to $5.5 billion on its EV and software operations. It has already sustained more than $10 billion in losses since 2023.
Reuters exclusively reported that Ford ended an expensive effort to build a next-generation electrical architecture for its vehicles called FNV4, after delays and mounting expenses stymied its development.

Ford bet big on all electric vehicles including their trucks. Problem was in real world testing the F150 Lightning couldn't tow shit and their range was comical. Meanwhile the executives at Toyota bet big on hybrid and even with it's disastrous Hybrid I Force Max Tundra in 2022/2023 it is gaining market share.

So some can bitch and speculate about what's causing Ford to ramp up losses while anyone with an ounce of common sense will look at the idiot executives at Ford who may have made monumentally stupid guesses at what consumers wanted. And apparently electric trucks was a real stupid guess.

 

[dobieg]

I have a feeling the French are happy with having the work/life ballance they have rather than being slightly richer.

I know I would much rather live in France and have a job than the US.

I would much rather you be in France as well.


You know. So you're happy.

 

[cpwill]

I have a feeling the French are happy with having the work/life ballance they have rather than being slightly richer.

A good bit richer, and growing faster, too.

I know I would much rather live in France and have a job than the US.

.....



Cool.

 

[Michael Cole]

What does Ford reporting profits or losses have to do with new jobs?

They could easily expect losses because of having to hire locally instead of relying on foreign labor.

What? Companies don't hire people to lose money.

 

[Peter]

A good bit richer, and growing faster, too.



.....

View attachment 67568719

Cool.

I would rather have more free time and less money any day.
You can spend your time at work for employers who will fire you the second they feel like it.

 

[Cosmo]

What? Companies don't hire people to lose money.

Losses in profit.

 

[Kushinator]

Losses in profit.

That's an oxymoron.

 

[Cosmo]

That's an oxymoron.

Like going from $900 million in profit to $800 million in profit. What don't you understand?

 

[Kushinator]

Like going from $900 million in profit to $800 million in profit. What don't you understand?

That's called lower profit from the previous whatever. I can tell you have limited experience by your word choice.

Which isn't something to ashamed of, unless you're beginning as you are and pretending to be some kind of expert.

 

[Cosmo]

That's called lower profit from the previous whatever. I can tell you have limited experience by your word choice.

Which isn't something to ashamed of, unless you're beginning as you are and pretending to be some kind of expert.

You must be confusing me with someone who gives a shit about what you call it or whom you consider to be an expert. The language has been used in the past by official sources.

Mayor de Blasio Provides Updates on New York City's COVID-19 Response

Mayor Bill de Blasio today issued additional guidance regarding COVID-19.

www.nyc.gov

will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit

 

[Kushinator]

You must be confusing me with someone who gives a shit about what you call it or whom you consider to be an expert.

Look at how aggressive your tone is, and you post in such a matter-of-fact manner.

The language has been used in the past by official sources.

Loss of profit is an oxymoron.

 

[Cosmo]

Look at how aggressive your tone is, and you post in such a matter-of-fact manner.

Loss of profit is an oxymoron.

Doubling down on your stupid position won't make it less stupid.

 

[Kushinator]

How does one go about losing profits?



Do you forget them in an Uber? Leave them on the subway? Better yet... forget them in the bathroom! Now they are lost like one's phone.

 

[Metric Mouse]

We're all sad that carbon spewing Ford, that pulled back on its ev projects, will only earn 6 billion instead of 8 billion this year...

Wow.

 

[Metric Mouse]

It’s amazing isn’t it?

You include a link to the entire article - not even a headline…and then you witness in real time how Ford (in the article) has already negated some of the bullshit our loyal MAGAs are now trying to shove as shit.


In the article, Ford addressed that they were on target to hit prior projections, but how tariffs have directly impacted those projections. Can you read or were you just too lazy to?

To be fair, they didn't meet previous goals, which is why their CEO bonus was slashed last year.

Not to mention their refusal to expand evs, and keep polluting the planet.

But just maybe he wasn't lying this time. Perhaps?

 

[Rumblefish]

"The tariffs are expected to add $2.5 billion in costs overall for the year, mainly related to expenses from importing vehicles from Mexico and China, Ford executives said."

Wait. I thought the consumer was going to pay the cost of the tariff. Now Ford say's they'll end up paying. How many sides of the mouth can you talk out of?

Ford is going to keep making less profit (due to higher costs) and lower returns to shareholders because......????

 

[Rumblefish]

We're all sad that carbon spewing Ford, that pulled back on its ev projects, will only earn 6 billion instead of 8 billion this year...

Wow.

Now apply the same to Trump....he needs his POTUS salary, his Trumpcoins, his Mar-a-Lago club, his Truth Social stock, etc. because......????

 

[Rumblefish]

To be fair, they didn't meet previous goals, which is why their CEO bonus was slashed last year.

Not to mention their refusal to expand evs, and keep polluting the planet.

But just maybe he wasn't lying this time. Perhaps?

Why should Ford expand EVs??

Trump says we're going to "drill baby drill" for oil; gasoline prices are going to be cheap, cheap, cheap; Trump has removed EV chargers from federal employee parking lots; and Trump cut funding for Biden's plan to build out more EV chargers.

Seems to me Ford's reading the room.

 

[Metric Mouse]

Now apply the same to Trump....he needs his POTUS salary, his Trumpcoins, his Mar-a-Lago club, his Truth Social stock, etc. because......????

He doesn't.

Well, the POTUS salary is important for a few reasons, but last term he donated most or all of that.

 

[Metric Mouse]

Why should Ford expand EVs??

Trump says we're going to "drill baby drill" for oil; gasoline prices are going to be cheap, cheap, cheap; Trump has removed EV chargers from federal employee parking lots; and Trump cut funding for Biden's plan to build out more EV chargers.

Seems to me Ford's reading the room.

Trump oversaw a reduction in oil production last term. Ford knows this.

Biden oversaw record drill baby drill production, and record amounts of oil pumped and burned under his watch.

This sucked, for the planet and the future. But it was good for Ford.

 

[vanceen]

...
A charge is when a company expects an unforseen (often one-time) cost to negatively impact net income. If a company raises their prices to cover the cost, they would simultaneously anticipate a reduction in net sales to equal the charge.
...

The first of these two sentences is true (I'm used to calling it a "provision" rather than a "charge", but no matter).

The second is not. It is by no means the case that increasing prices will lead to a reduction in sales revenue. It can, and frequently does, lead to a significant increase in sales revenue. The effect of a price increase on sales revenue depends on the competitive environment. If your competitors keep their prices down while you increase yours, it can indeed backfire and lead to a revenue loss as customers go to the competition. But if your competitors are under similar cost pressures to yourself, they will usually raise their own prices as well, and revenue is likely to increase.

 

[cpwill]

I would rather have more free time and less money any day.

Cool The neat thing here is: you can have that too, if that's what you want (and some people do!).

You can spend your time at work for employers who will fire you the second they feel like it.

I have a flex schedule and work from home..... so..... Yeah, I think I will take that.