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Re: Ford to cut 4,000 jobs in North America
"Art" <begunaNOSPAMPLEASE@mindspring.com> wrote in message
news:Uouhf.5067$N45.999@newsread1.news.atl.earthlink.net...
>
> "Thadius Fudpucker" <none@nomail.com> wrote in message
> news:dF6gf.136800$tD4.17217@tornado.ohiordc.rr.com...
>> "Art" <begunaNOSPAMPLEASE@mindspring.com> wrote:
>>
>>> Actually Mike the reason why ford and GM are ailing is no one is
>>> interested in their hohum cars.
>>>
>>> I am thinking of replacing my Avalon with a minivan. I drove the
>>> Ford, Chrysler, Honda and Toyota. The Chrysler is $5k overpriced so
>>> they can advertise a big rebate. I didn't bother getting pricing on
>>> the Ford because it wasn't close to the other models in quality and
>>> features. Both the Honda and Toyota are well priced. You can can a
>>> new Sienna CE which is their cheapest model but still reasonably
>>> equipped with a discount that brings it down to an amazing $18500. We
>>> will probably get a high end Odessey though. There was no point in
>>> driving a GM minivan though.... they are pathetic.
>>>
>>>
>>> "Mike Hunter" <mikehunt2@mailcity.com> wrote in message
>>> news:rcCdna7jM6oYGOLeUSdV9g@ptd.net...
>>>> Indeed GM and Fords market share are down, but their budget problems
>>>> are akin to the federal government budget problem, extraordinarily
>>>> high current expenses not lack of income. For the government it is
>>>> war and disaster costs. For GM and Ford it is the costs of bringing
>>>> their 20 or more all new models to market and the new more modern
>>>> plants is which they are being built. GM currently has the largest
>>>> number of top rated production facilities. Ford revised Rouge plant
>>>> is state of the art and more efficient than any plant operated by
>>>> Toyota or Honda. When it comes to cars, Toyotas rebates are actually
>>>> higher than those of GM and Fords on their new 2006 models with which
>>>> they compete.
>>>>
>>>> The anti domestic guys would have folks believe Toyotas never break
>>>> down and never have recalls to fix things that may have gone wrong.
>>>> As we saw in or business like all manufactures some of Toyotas
>>>> vehicles are not up to snuff as well. They ALL break down and they
>>>> all have recalls, that is why they all offer a warranty. The truth
>>>> is they ALL are building good high quality reliable vehicles today.
>>>> The only real difference is style and drive home price as well as the
>>>> vast different in parts costs for imports an domestics.
>>>>
>>>> I fell for that Toyota is better stuff back in 1986 and bought seven
>>>> Lexus V8s over the next ten years. When I was ready to buy another
>>>> the dealer wanted me to pay MSRP and I walked. My experience with
>>>> Lexus convinced me they were no better or worse than any other of the
>>>> cars I have owned. I switch to a Lincoln LS and it proved to be just
>>>> as good as the Lexus' I had owned, but the LS cost over 23K less. I
>>>> added a few thousand and bought a Mustang GT convertible at the same
>>>> time. Since that time I have owned several more LSs and GTs.
>>>> Currently I have a 2005 LS Sport and a 2005 GT convertible and a 2006
>>>> Zephyr. I have not had a bad car among the dozens I have owned, in a
>>>> longer time than I can remember. Both the domestic and the imports
>>>> have all been trouble free Toyotas are good cars but no better than
>>>> any other and certainly not worth the premium prices that the
>>>> dealers charge you to drive one home
>>>>
>>>> The reason the anti domestic guys like to post GM and Fords problem
>>>> in GM and Ford NG is simply because they are \ trying to justify to
>>>> themselves the fact that they paid too much for a car that is in fact
>>>> just another average car. ;)
>>>>
>>>>
>>>> mike hunt
>>>>
>>>>
>>>> .
>>>> "Scott" <homealone.com> wrote in message
>>>> news:11nup14nch8ev40@corp.supernews.com...
>>>>>
>>>>> "Grover C. McCoury III" <gcmccoury@yahoo.com> wrote in message
>>>>> news:rrCdnS1jnIyCpOLeRVn-rQ@adelphia.com...
>>>>>> Sat Nov 19, 2005
>>>>>> (Reuters) Ford Motor Co., facing a deepening financial crisis, said
>>>>>> on Friday it plans to eliminate 4,000 salaried jobs, or 10 percent
>>>>>> of its North American white-collar work force, as part of a larger
>>>>>> restructuring plan.
>>>>
>>>> <snip>
>>>>
>>>>>> Ford, like cross-town rival General Motors Corp., has seen its
>>>>>> margins squeezed by intense competition in the U.S. market and by a
>>>>>> dramatic slowdown in sales of cash cows such as mid-size and large
>>>>>> SUVs due to high gasoline prices.
>>>>>>
>>>>>> The two companies are also facing higher costs and a cut in their
>>>>>> credit ratings to high-yield, or "junk," status.
>>>>>
>>>>>
>>>>> How very sad. I have always had good luck with American cars,
>>>>> currently have five in the driveway. You just couldn't sell me
>>>>> a Toyota.
>>>>>
Hola. I gotta admit, I only have one Ford in my driveway. But, it IS 26
years old and my daily (dead of winter) driver. ****ing thing just keeps
going and going. My summer car is another Ford: 13 years old now. My dad
still drives his 85 Lincoln to work everyday, even in the dead of winter.
The 2001 Lexus he bought for my mom sits in the garage most days. Oh, BTW,
the Lexus got hit. Front headlamp replacement cost? No shit: $1,600 CDN.
That DID NOT include the side lamp. The "lamps" for my 26 year old Ford are
$9.99 at Canadian Tire, $20 if I get the good ones.
Brad
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