Ford to layoff 8000

[melvimbe]

Ford is way behind GM in EV manufacturing lines. They missed the boat and this is a knee jerk reaction to shift capex dollars into new tech. Should’ve been doing this years ago. The lightning with all its hype is a huge let down. TFL did a camper pull test against a GMC 6.2 (IIRC) and the lightning only made it 96 miles on a range expectancy of over 300 (but it can power your house). Then you have the folks on the R forum waiting 17 months after announcing the R for it to finally be revealed and those lucky enough to get one will probably have to wait another 6 months for delivery.

I don't think the 17 month wait was really unexpected. I could be wrong about this, but was there another time in history where car manufacturers could make that sort of design change in shorter time? Regardless, you fix this with layoffs?

 

[melvimbe]

It could be that it's their excuse, not their reason. And they have been parts limited, not labor limited. And now maybe they predict a recession. The way they did in March of 2020. How is that working out?

Would a recession really mean much of slowdown for Ford though? They still have reservations for years and sell everything they make. Even if you do expect that sales will slow by 25% or whatever, you have stated investment goals that you want to be ready to pay off once the recession is over and people are ready to throw money at them again.

 

[GordoJay]

Would a recession really mean much of slowdown for Ford though? They still have reservations for years and sell everything they make. Even if you do expect that sales will slow by 25% or whatever, you have stated investment goals that you want to be ready to pay off once the recession is over and people are ready to throw money at them again.

Dunno. I'm just speculating. But corporate managers manage the quarterly earnings, not long term profits. It's how they're rewarded, so it makes sense. That's why companies go downhill when the founder retires.

 

[GordoJay]

Would a recession really mean much of slowdown for Ford though? They still have reservations for years and sell everything they make. Even if you do expect that sales will slow by 25% or whatever, you have stated investment goals that you want to be ready to pay off once the recession is over and people are ready to throw money at them again.

Got interrupted, sorry. The point was that if Ford sees ongoing supply chain issues, they might chop headcount for earnings. The woke BS might be camouflage.

 

[Trailmaker]

Looks like they might be selling everything they make but they are not making Nearly the amount of units they were making a few years ago. Ford will make 500,000 less this year according to the chart over 2016. So it seems they are over staffed if they had the same amount of employees the last six years​

https://fordauthority.com/fmc/ford-motor-company-sales-numbers/ford-sales-numbers/

Sales Results - USA - Ford​

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2022	137,791	123,350	151,843	167,707	146,868	145,368							872,927
2021	135,837	155,907	204,231	188,281	153,582	110,886	115,816	119,022	148,967	167,572	152,367	167,545	1,820,013
2020	147,745	180,425	162,599	115,395	147,575	149,839	167,278	176,401	180,563	173,248	141,544	196,943	1,939,555
2019	188,425	188,425	188,425	208,132	208,132	208,132	184,106	184,106	184,106	184,856	178,678	204,973	2,310,494
2018	154,733	187,432	234,954	196,133	233,069	221,101	186,128	209,559	189,236	185,042	187,096	209,248	2,393,731
2017	163,827	199,696	226,696	205,004	230,838	218,704	191,337	201,189	213,446	191,527	201,862	231,430	2,475,556
2016	166,546	209,153	245,022	221,540	226,190	231,300	207,381	205,239	195,650	179,744	188,145	227,063	2,502,973
2015	171,732	174,219	227,234	214,364	241,639	217,321	213,195	225,601	212,919	205,453	179,876	228,382	2,511,935
2014	148,671	177,286	235,198	204,323	245,239

 

[Stojanowski]

Ford is way behind GM in EV manufacturing lines. They missed the boat and this is a knee jerk reaction to shift capex dollars into new tech. Should’ve been doing this years ago. The lightning with all its hype is a huge let down. TFL did a camper pull test against a GMC 6.2 (IIRC) and the lightning only made it 96 miles on a range expectancy of over 300 (but it can power your house). Then you have the folks on the R forum waiting 17 months after announcing the R for it to finally be revealed and those lucky enough to get one will probably have to wait another 6 months for delivery.

How did other EVs do in the camper test?

 

[Trailmaker]

looks pretty bad for the F series. No wonder why the lots are so empty.​

Sales Results - USA - F-Series​

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2022	50,543	45,252	44,906	51,517	49,454	57,673							299,345
2021	55,276	64,478	84,043	66,302	46,260	45,673	52,314	57,321	63,164	68,259	60,418	62,496	726,004
2020	58,510	65,404	62,648	50,323	65,314	65,188	70,908	73,954	76,785	71,593	52,698	74,097	787,422
2019	71,537	71,537	71,537	77,929	77,929	77,929	71,392	71,392	71,392	74,549	72,407	86,996	896,526
2018	58,937	68,243	87,011	73,104	84,639	79,204	70,949	81,839	75,092	70,438	72,102	87,772	909,330
2017	57,995	65,956	81,330	70,657	76,027	77,895	69,467	77,007	82,302	75,974	72,769	89,385	896,764
2016	51,540	60,697	73,884	70,774	67,412	70,937	65,657	66,946	67,809	65,542	72,089	87,512	820,799
2015	54,370	55,236	67,706	62,827	61,870	55,171	66,288	71,332	69,651	65,500	65,192	85,211	780,354
2014	46,536	55,882	70,940	63,387	68,520	60,560	63,240	68,109	59,863	63,410	59,049	74,355

 

[Trailmaker]

How did other EVs do in the camper test?

Here you will find Ford F-150 Lightning sales numbers.

January	February	March	April	May	June	July	August	September	October	November	December
0	0	0	0	459	1,837

 

[Trailmaker]

Here you will find Ford F-150 Lightning sales numbers.

January	February	March	April	May	June	July	August	September	October	November	December
0	0	0	0	459	1,837

Does not answer your question but it doesn’t seem to have heavy sales anyway.

 

[Stojanowski]

Does not answer your question but it doesn’t seem to have heavy sales anyway.

Think that's limited production.... You don't just open the flood gates. even with new generations of vehicles they slowly build and get kinks out before ramping up to full production