Started By
Message

re: Ford dramatically scaling back new EV facility, losing billions.

Posted on 11/21/23 at 8:40 pm to
Posted by billjamin
Houston
Member since Jun 2019
12595 posts
Posted on 11/21/23 at 8:40 pm to
Any reason you didn’t post a link with more context rather than a cherry picked quote?
Posted by Philzilla2k
Member since Oct 2017
11073 posts
Posted on 11/21/23 at 8:43 pm to
quote:

Government Motors got the bailout, not Ford.

quote:

More than a decade after the last economic crisis, Ford Motor Company is still paying down a fat government loan created by Congress at the start of the Great Recession to aid automakers with factory projects. Critics at the time focused on General Motors and Chrysler, each declaring bankruptcy and accepting government bailout loans through the U.S. Treasury Department's Troubled Asset Relief Program (TARP) to reorganize during the auto crisis that hammered the industry between 2008 and 2010. Meanwhile, Ford took a different path.

quote:

But in the end, it accepted a government loan, too. The debt remains on Ford books today as the company navigates a pandemic. In September 2009, Ford entered into an agreement with the Department of Energy and borrowed $5.9 billion as part of a loan program created to finance automotive projects designed to help vehicles built in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil.

Detroit Free Press
This post was edited on 11/21/23 at 8:44 pm
Posted by OceanMan
Member since Mar 2010
20030 posts
Posted on 11/21/23 at 10:01 pm to
quote:

Get ready to bail out Ford again.


Getting bailed out from the bail out.
Posted by nola tiger lsu
Member since Nov 2007
5310 posts
Posted on 11/21/23 at 10:15 pm to
quote:

regardless of what he drives, this seems pretty dumb
quote:

regardless of what he drives, this seems pretty dumb


Exactly. I took it all as a troll post.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 11/21/23 at 10:19 pm to
quote:

couple hundred savings in gas


Hope you put that in a savings account for the battery swap
Posted by billjamin
Houston
Member since Jun 2019
12595 posts
Posted on 11/21/23 at 10:23 pm to
quote:

Hope you put that in a savings account for the battery swap


I’m here for the math check. Let’s see it.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65911 posts
Posted on 11/21/23 at 10:25 pm to
Second serious question: WTF is w you Poli regulars whom venture to the OT and always end in a ghost? Blue, Red, whatever. Just disappear after spewing nonsense. Help us out.
This post was edited on 11/21/23 at 10:27 pm
Posted by member12
Bob's Country Bunker
Member since May 2008
32106 posts
Posted on 11/22/23 at 12:33 am to
quote:

real world test of silverado EV towing 6500lbs for 230 miles. youtube vid LINK


That thing cost $85,000 though.
Posted by TCO
Member since Jul 2022
2519 posts
Posted on 11/22/23 at 12:52 am to
quote:

EVs are just woke junk and everyone finally realizes it. Every time u stop to charge it a tranny shows up and you have to blow them.


I guess you don’t like going 0-60 in 3 seconds? It’s ok if you’re gay.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 11/22/23 at 12:55 am to
Weird how Tesla is doing just fine though.
Posted by holmesbr
Baton Rouge, La.
Member since Feb 2012
3020 posts
Posted on 11/22/23 at 2:36 am to
quote:

still say that making the new "crx" a hybrid was a dumb move. I raced crx's in SCCA road racing and they were a blast. They should have kept that formula instead of turning it into a hybrid


Probably should start picking up non rusted shells of late 80's/early90's BMW's and Japanese shite boxes because of that. Some are surprisingly pricey now.
Posted by tjohn deaux
GA
Member since Feb 2007
10177 posts
Posted on 11/22/23 at 3:39 am to
This is also contributing to the demise of a giant battery plant in Georgia.
Posted by Solo Cam
Member since Sep 2015
32665 posts
Posted on 11/22/23 at 5:27 am to
Hahahaha good, frick you and your ideology

bUt bUT mY eSg sCoRE


fricking idiots. Continue to run your companies into the ground for a scam you jackasses.
Posted by Solo Cam
Member since Sep 2015
32665 posts
Posted on 11/22/23 at 5:33 am to
quote:

Y'all think that Tesla drivers have some desire to see EV's take over the market when it's anything but that. They are much happier being the exception to the rule.
I think what EV manufacturers are looking at is regulation. Democrats are writing laws to eliminate internal combustion engines. I think most of these manufacturers are trying to stay in front of the curve with this next generation as well.

Kids now are being taught it's a climate emergency.
Posted by The Cow Goes Moo Moo
Bucktown
Member since Nov 2012
3507 posts
Posted on 11/22/23 at 6:21 am to
quote:

Please explain.


Holy crap. I’m so sad that this needs to be explained. The dude was being sarcastic about his cousin having to charge his EV that many times for that long. My goodness gracious.
Posted by VetteGuy
Member since Feb 2008
28276 posts
Posted on 11/22/23 at 6:25 am to
EVs fit a certain market segment, but certainly not the majority of buyers.

How manufacturers didn't know that is beyond belief, especially given current poor charging infrastructure.

ICE isn't going away anytime soon, and will continue to be the profit center for any legacy vehicle manufacturer.

Posted by GusMcRae
Deep in the heart...
Member since Oct 2008
3241 posts
Posted on 11/22/23 at 6:29 am to
quote:

Thread jack; why did Ford stop making the Excursion when Chevy is still making the Suburban?


Because expedition = suburban. Excursion was its own category.
Posted by VetteGuy
Member since Feb 2008
28276 posts
Posted on 11/22/23 at 6:34 am to
quote:

Democrats are writing laws to eliminate internal combustion engines


This correct, and as you said, a big reason why manufacturers jumped on the EV bandwagon so hard.

But losing $30K per vehicle isn't sustainable for legacy manufacturers, and it's really tough on startups ( Rivian).

Posted by Cosmo
glassman's guest house
Member since Oct 2003
120375 posts
Posted on 11/22/23 at 6:55 am to
quote:

couple hundred savings in gas


How much does super charger cost?
Posted by GREENHEAD22
Member since Nov 2009
19620 posts
Posted on 11/22/23 at 7:23 am to
Tell those fricks they need to knock 15-20k off F150 MSRPs.

The 24s MSRP went up 5%.
first pageprev pagePage 6 of 8Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram