Hug your directors extra tight at night because layoffs are imminent at this point. Only a matter of time.
It is true that Ford wants to go out of business and that is Dave Calhoun number one objective to do as he starts as Ford's new CEO next week
Dave's days at Boeing are officially over as of last week. Dave walked out the Boeing door for the last time with $62 million dollars. On his watch, Dave totaled trashed the Boeing Company. The steered the ship that left two Astronauts stranded on he... — read more
Broken company
Ford was once known for and took pride in the quality of its products. Today, we are offering below average quality products and services. The main reason for this is below average leadership that is happy to cut corners to make things seem better... — read more
Is this what is going to SYNC us?
https://fordauthority.com/2024/08/jim-farley-blames-high-warranty-costs-on-ford-sync-issues/
DF is completely delusional in this interview about SDV.
If customer requirements are cascaded down, software is something the customer would not see (if it's working properly). They appear to be making software the center of the universe, which is misguided. We are unable to execute a basic reliable... — read more
Ford wants to go out of business
https://www.thedrive.com/news/ford-researching-tech-that-snitches-on-speeders-to-the-police Of course if this is implemented, then the other car makers will follow suit.
Farley “Now it’s the dealers fault for high warranty costs.”
Farley is the new Teflon Leader who blames everyone else for his failed strategies. Still expects to hit his target for 2024. More blame coming. As Ford Authority recently reported, Ford stock tumbled dramatically last week following the release... — read more
“GM changes salaried performance and bonus plan to attract top talent, thin poor performers”
Ford needs to hurry up and be a follower. From the Free Press: General Motors is changing its performance rating system for white-collar workers by expanding the performance rating scale, setting better-defined targets and pushing managers to... — read more
Farley: decimating Ford’s market share and shareholder value since 2009
Why is Farley still CEO? I cannot point to a single positive move he has made for the company, but I could lists a dozen negatives.
This really hurts us (Ford)
Telling customers not to charge because of risk of fire, no fix available, and buyback is the only option is another embarrassing brick in our wall of quality shame. Roughly one year ago, a recall was issued for 14,452 2019-2020 Ford Fusion Energi... — read more
FCSD guy here-just got the request to layoff 5%
I’m an LL and got the request today to cut 5% in a reasonably small dept. Have no idea if this only local cuts or what at this time. Sorry to report this.
Engine Auto Start Stop
Why doesn’t Ford allow us to permanently disable this feature in the software?
Ford Ranger recalled
The Ford Ranger is being recalled as a problem with the engine software may cause it to produce more ‘soot’ than intended when bicyclists are near. https://www.carexpert.com.au/car-news/ford-ranger-recalled
So August 19th the big one huh? Wouldn’t be a shocker.
Everyday gets worse in customer service with unhappy customers and delinquent accounts. Gotta happen sometime.
Stellantis Salaried voluntary offers
I wonder when it will be Ford's turn to offer this, I would go! https://www.detroitnews.com/story/business/autos/chrysler/2024/07/30/stellantis-buyouts-salaried-workers-cut-costs/74603221007/
Ford’s Next in a BIG way (not the F-150 guy)
Stellantis NV is offering buyouts to salaried employees as a part of an effort to cut costs following a decline in net income during the first half of the year. The voluntary separation packages are available for non-union represented employees in... — read more
To the mo--n that keeps saying Model e is not going to make cuts
That unit has lost $2.5 billion year to date. They'll be at no less than $5 billion by EOY. If you're in Model e I'd keep my resume up to date.
And the desperation begins
https://fordauthority.com/2024/07/ford-launches-new-aged-inventory-discount-program/amp/ Uhhh, nobody wants our broken junk. They don't get it.
Ford SK and CATL battery plants
I am curious as to where Gord is going to put these batteries from the 3 plants.
Tesla Just Replaced Ford As Morgan Stanley's 'Top Pick' In U.S. Autos
Adam Jonas really gave it to Farley on the last earnings call: “Jim, you said that Ford is a different company than it was three years ago, but the stock market doesn’t really seem to agree with you at all on that…And m6 team just ran the numbers. ... — read more
For those of you with your heads still in the sand
https://www.thetruthaboutcars.com/cars/news-blog/found-on-road-dead-44508397 Ford is grappling with significant financial pressures due to a surge in recall and warranty costs, which have reached $2.3 billion in the past three months. This marks an... — read more
When is the next Ford BoD meeting? Date?
Does anyone know what date that is ?
Monday August 5th, 2024 is a lot of layoffs. This is not the f150 guy either. It is the Motor co
And Ford Credit. just did a bunch of system changes to take affect on midnight Saturday night August 3rd 2024 for system access.
The rebirth of the 1974 Ford Pinto with one update will absolutely save The Ford Motor Company
The only update needed to make the 1974 Ford Pinto an all-time seller at Ford will require moving the gas tank originally bolted to the Pinto's frame in front of the rear bumper to inside the rear lift hatch back door right behind the back seat. This... — read more
Poor Quality
My 2008 and 2016 had zero body issues. Had the 2008 for 16 years. My 2024 came with front bumper separation from grill. Rear door misaligned. Ge-z. Now I used FORscan to disable engine auto start/stop. It turns the battery warning on permanently! ... — read more
Ford Falls Apart Under Farley
https://247wallst.com/investing/2024/07/25/ford-falls-apart-under-ceo-farley/
lawsuit you can join if you own F stock
https://www.morningstar.com/news/globe-newswire/9194539/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-ford-motor-company-f
Sinking ship without a rutter or a Captain
Ford is a sinking ship without a rutter or a Captain. I sit in my directors meeting and listen to the direction from above and the directions sent to the salary engineers below. It is clear the senior leaders have no plan and are out of touch. Every... — read more
Can you get PIPed at mid year?
Not sure what to expect
Making our problems yours!
Lot Rot vehicles discounted. Dealers can keep the incentives if they hide the fact from customers. Not sure how customers benefit with this approach. More Farley marketing wisdom? Ford Authority reported back in October 2023, rising new vehicle... — read more
We will sell small EVs, whether we like it or not!
https://www.thestreet.com/electric-vehicles/ford-ceo-selling-evs
2.3 billion Ford has racked up many recalls over the last few years, and the costs are weighing down its bottom line.
Ford reported its second-quarter financial results this week and revealed that recall and warranty costs hit $2.3 billion over the last three months, costing the company $25.5 million a day.
What do you think will be the consequences of Q2 results?
I mean, any firings on the top? Change in direction? Some serious soul-searching? Or we will just continue doing bad, pretending business as usual, until everything falls apart?
Dear Bill and the BOD, Farley must be fired now
Another earnings miss. Warranty costs off the chart. Continuing to double down on EVs even though they are losers. Farley has bumbled and stumbled his entire time. There has been almost no good news for the company since he took over. He has to go... — read more
The Next Boeing?
Looks like Ford is the next disaster story.
LL4 and LL3 Base salary band ?
Anyone that could let know about the base salary ranges for LL4 and LL3 levels at Ford ? Bonus ranges too.
F-150 Guy says, "Keep making fun of me. July it is..."
F-150 Guy says, "Keep making fun of me. July it is..."
Where's the EV supporters?
Ford’s traditional business operations, known as Ford Blue, earned $1.17 billion during the second quarter, while its Ford Pro commercial business earned $2.56 billion. Its “Model e” electric vehicle unit lost $1.14 billion from April through June. — read more