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El Kabong

Lackluster U.S., China Sales Impact Ford Motor Profit

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"Ford Motor Co (F.N) reported weaker-than-expected profit in the second quarter, and said its full-year earnings forecast was at risk with U.S. auto sales expected to fall in the second half, sending shares tumbling in premarket trading.

"Auto sales in the United States and China were lower than anticipated in the quarter, and Ford reported its first quarterly loss in the Asia Pacific in three years.

"Ford shares shed 7 percent to $12.87 in premarket trading."

More at the link:

https://finance.yahoo.com/news/ford-motor-profit-falls-u-111836898.html

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Hopefully this puts to rest any fretting over GM's recent decision to cede much of the fleet market to its crosstown rival. If Ford is already predicting weaker second-half NA sales then I'm guessing it knows its annual sales contracts are up. I predict GM will begin increasing its overall sales lead going forward, unless Ford opens the taps on incentives across the board. Either way, it appears Dearborn's attempt to steal GM's thunder have not succeeded.

Edited by El Kabong

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Year to date the General's stock has tumbled 8.8% to Ford's 10% so neither are kicking any ass right now. But both pay a healthy dividend so as long as they're both profitable I don't think the shareholders will be too upset about one quarter. 

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This happened and I knu it would. I'm sure fanbois of Ford are now trying to figure out how to respond to the over $1B difference in selling more to fleet vs retail while still maintaining a lead overall. Expect the GM amount to grow as margin per vehicle does, especially with more consolidation of platforms coming. I will say that in the end I'm quite happy with Ford making a nice profit.. even besting Hyundai, Nissan, and VW

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This happened and I knu it would. I'm sure fanbois of Ford are now trying to figure out how to respond to the over $1B difference in selling more to fleet vs retail while still maintaining a lead overall. Expect the GM amount to grow as margin per vehicle does, especially with more consolidation of platforms coming. I will say that in the end I'm quite happy with Ford making a nice profit.. even besting Hyundai, Nissan, and VW

Well these were the same group of folks who derided GM for doing the exact same thing just a few years ago. The silence, now that the tables have turned, will be deafening.

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It's the trends that are the thing, though... GM's appear to be on the way up, Ford's on the way down.

 

No doubt.. but in Europe.. Ford did beat GM by about $300Mil. Both need to figure out away to stay ahead of the Brexit Bull$h!

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It's the trends that are the thing, though... GM's appear to be on the way up, Ford's on the way down.

 

No doubt.. but in Europe.. Ford did beat GM by about $300Mil. Both need to figure out away to stay ahead of the Brexit Bull$h!

 

Yeah I was reading some on the financial websites and it looks like they are both going to lose a lot of money with the Brexit crap. 

 

One estimated Ford will lose $1.2B over the next two years from it.

http://www.marketwatch.com/story/brexit-could-cost-ford-up-to-12-bln-over-next-2-years-2016-07-28

GM estimated to lose $400M in just the second half of this year from it. So it sounds similar numbers to Ford's $1.2B over two years. Stupid Brexit bull$h!. 

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Tomorrow's troubles are tomorrow's troubles. Today's troubles are the ones that should be looked at, for two reasons:

-today's troubles are largely self-inflicted, whereas Brexit is beyond any CEO's control.

-I predict Brexit, like every other European treaty change, will shudder, groan, and generally slouch itself to a mushy middle that will keep everyone where they want to be-mildly grumpy, but ok.

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Whoa Whoa Whoa... If you're an investor(which you brought up stock price) then you are absolutely looking at tomorrow's problems because tomorrow is when you will receive your dividends, or not receive them. Never be short sighted if you're talking about investing. 

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But this brings me around to my original point: if a company falls short of predictions based solely on its own shortcomings, that is a far worse issue than the randomness of life throwing a Brexit in the way.

Or, was it the fault of the sources that the results went so pear-shaped? In which case, they need to fire people.

Either way, it is GM and not Ford who is doing better right now. And right now is what you will find on your invertors report.

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While the results are lower than last year’s record second quarter, it was one of the best second quarters in the companies history. It also was Ford's best-ever second quarter in Europe – nearly tripled pre-tax profit versus last year. 

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While the results are lower than last year’s record second quarter, it was one of the best second quarters in the companies history. It also was Ford's best-ever second quarter in Europe – nearly tripled pre-tax profit versus last year. 

 

 

excuses1.jpg

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Year to date the General's stock has tumbled 8.8% to Ford's 10% so neither are kicking any ass right now. But both pay a healthy dividend so as long as they're both profitable I don't think the shareholders will be too upset about one quarter. 

 

 

 And looking at the price of said shares, 8.8% is larger loss financially than 10%

 

While the results are lower than last year’s record second quarter, it was one of the best second quarters in the companies history. It also was Ford's best-ever second quarter in Europe – nearly tripled pre-tax profit versus last year. 

 

 

excuses1.jpg

 

 

 

No excuse was made.

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Reduce the dependence on fleet/rentals and profits will pick up. Again, these are the exact same things that some stockholders here criticized GM for just a few years ago. They may forget that fact but it doesn't change it from being a fact. Now that the shoe is on the other foot, they have convenient excuses that they sure as hell did not offer GM during those years.

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Year to date the General's stock has tumbled 8.8% to Ford's 10% so neither are kicking any ass right now. But both pay a healthy dividend so as long as they're both profitable I don't think the shareholders will be too upset about one quarter. 

 

 

 And looking at the price of said shares, 8.8% is larger loss financially than 10%

 

 

..yes...but no.. % is a pretty big deal because if I invested $1000 I would be buying a different amount of shares therefore the % lost is crucial. Rarely do people go search for a stock and say "I want to buy X shares", it is almost ALWAYS "I want to spend $X". Or "I have $X to spend."

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While the results are lower than last year’s record second quarter, it was one of the best second quarters in the companies history. It also was Ford's best-ever second quarter in Europe – nearly tripled pre-tax profit versus last year.

 

 

excuses1.jpg

More inconvenient truths:

GM operations for North America at 12.1% for 2Q16:

https://www.gm.com/content/dam/gm/mo...Highlights.pdf

Meanwhile, Ford's NA operating margin dropped from 12.9% in 1Q16 to 11.3% in 2Q16:

https://media.ford.com/content/dam/f...financials.pdf

That averages out to 12.1% for the first half. Those fleet sales surely didn't help with that.

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Consider the source, man. If there's no good news, just attempt to distractify.

But it won't work in this case. It's pretty bleak news in Dearborn today

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Drew: please do what you need to do to keep this thread open.

But I do want it kept open. It's legit news, and it doesn't deserve to be locked up because certain individuals are having temper tantrums.

Thanks in advance.

Edited by El Kabong
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They missed the target for results. Their competition didn't. They need new cars. Their stock is being hammered. They themselves predict reduced sales going forward.

Your news is only good if you keep the blinders on.

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They missed the target for results. Their competition didn't. They need new cars. Their stock is being hammered. They themselves predict reduced sales going forward.

Your news is only good if you keep the blinders on.

Exactly.

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Guys, you're really testing my patience today with the comments being thrown in this thread. I have cleaned it up and will be watching to see if anything warrants a lock. Don't push it.

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