Here come the tariffs

[jbycho 171]

6 minutes ago, peenie said:

Ford stock keeps dropping.....

Biden's America. 

[Hardcore troubadour 14,078]

10 minutes ago, peenie said:

Ford stock keeps dropping.....

100 pct on Biden. He probably killed Nissan too

[The Phantom's Phantom 108]

1 minute ago, Hardcore troubadour said:

100 pct on Biden. He probably killed Nissan too

This is so stupid you have to be focking around

[The Phantom's Phantom 108]

https://www.marketwatch.com/story/why-gm-ford-stocks-are-falling-after-trumps-tariff-plan-for-mexico-and-canada-4dc26c37

[Hardcore troubadour 14,078]

33 minutes ago, The Phantom's Phantom said:

This is so stupid you have to be focking around

Sure.  Ford has been closing down factories and laying off workers for over a year now due to Bidens reckless EV mandates that no one wants.  

[Maximum Overkill 1,308]

30 minutes ago, The Phantom's Phantom said:

https://www.marketwatch.com/story/why-gm-ford-stocks-are-falling-after-trumps-tariff-plan-for-mexico-and-canada-4dc26c37

HT is right on this. The EV mandates are burying the auto industry. They had no plan for it, it's not realistic 

[The Phantom's Phantom 108]

4 minutes ago, Hardcore troubadour said:

Sure.  Ford has been closing down factories and laying off workers for over a year now due to Bidens reckless EV mandates that no one wants.  

There is no evidence mandate for the public and the govt mandate isn't for another 8 years.

It's the tariffs dummy.

[jerryskids 6,135]

Doesn't look like a huge slide.  This from Barron's.  Annual decline attributed to cost controls.   

Quote

Ford Motor 

F

-0.74%

 ‘s November sales results for the U.S. look pretty good, but the stock slipped anyway on Wednesday.

Shares closed down 0.8% at $10.74, while the S&P 500 

SPX

+0.61%

 and Dow Jones Industrial Average 

DJIA

+0.69%

 gained 0.6% and 0.7%, respectively.

Ford delivered about 166,000 vehicles in November, up about 14% year over year. The United Auto Workers’ labor stoppage dented November 2023 results. So far in 2024, Ford has delivered about 1.9 million vehicles to U.S. dealers, up about 5% year over year.

As for all-electric cars, Ford sold almost 6,000 Mustang Mach-Es, about 3,600 F-150 Lightnings, and more than 1,200 e-Transit vans in November. All three numbers are up over recent months. The total of almost 11,000 EVs was a new monthly record for the legacy auto maker.

Ford also sold 14,351 hybrid vehicles in November, up about 19% year over year. More than 15% of total sales had an electric motor, also a monthly record.

Year to date, Ford has sold 685,777 of its very profitable F-Series trucks, up about 1% year over year.

U.S. sales are typically reported as a seasonally adjusted annual rate, or SAAR. The November SAAR finished at a healthy 16.7 million, up 9% year over year.

Still, through Wednesday trading, Ford stock was down about 12% in 2024. Investors are more worried about cost controls and the outlook for 2025.

Wall Street projects Ford will generate 2025 operating profit of $9.7 billion, down from about $10 billion expected in 2024 and $10.4 billion reported in 2023.

Write to Al Root at allen.root@dowjones.com

https://www.barrons.com/articles/ford-motor-stock-ev-sales-93e49a85?siteid=yhoof2

[The Phantom's Phantom 108]

2 minutes ago, Maximum Overkill said:

HT is right on this. The EV mandates are burying the auto industry. They had no plan for it, it's not realistic 

This is fantasy.

[The Phantom's Phantom 108]

For focks sake people it's the tariffs.  They get their parts from Mexico and a 25% increase will hurt them.

https://www.insurancejournal.com/news/national/2024/11/27/802889.htm

[Maximum Overkill 1,308]

Just now, The Phantom's Phantom said:

There is no evidence mandate for the public and the govt mandate isn't for another 8 years.

It's the tariffs dummy.

It's not the tariffs, there is no market for EVs. There's no resale value and they're worthless the second they leave the factory. So the manufacturers are stuck with EVs and the cost that goes into making them. 

Yet the car manufacturers are forced to sell them. 

[The Phantom's Phantom 108]

Just now, Maximum Overkill said:

It's not the tariffs, there is no market for EVs. There's no resale value and they're worthless the second they leave the factory. So the manufacturers are stuck with EVs and the cost that goes into making them. 

Yet the car manufacturers are forced to sell them. 

No one is forced to sell evs.  Stop with the BS already.

Meanwhile all Tesla sells is evs and their stock has doubled in the last 6 months.  I'll give you one guess why.

[Maximum Overkill 1,308]

Electric car prices have fallen off of a cliff. Depending on your stance in the market, this could be great news, or far from it. Since September, the average used electric car price has tumbled from $63,069 to $33,645. That is a 47% loss of value in a little over a year and a half.

Electric vehicle depreciation is something of a hot topic right now, and for good reason. On one hand, there are some fantastic deals to be had on the secondhand market, but on the other of course, there’s the thorny issue of some EVs losing half of their value in a single year.

 

Cars losing you a chunk of cash the instant they’re driven off the dealer lot is nothing new, especially at the pricier end of the market. And if you intend to keep your shiny new EV for a long time, then its worth after just a year or two matters far less. But what if you’ve experimented with your first EV then decided its range or your local charging infrastructure isn’t up to scratch, and want to sell within the first year? If that’s you, you’d better be prepared for a significant loss.

 

[Hardcore troubadour 14,078]

12 minutes ago, The Phantom's Phantom said:

For focks sake people it's the tariffs.  They get their parts from Mexico and a 25% increase will hurt them.

https://www.insurancejournal.com/news/national/2024/11/27/802889.htm

Why did ford shut down its F-150 EV factory? 

[jbycho 171]

10 minutes ago, The Phantom's Phantom said:

No one is forced to sell evs.  Stop with the BS already.

Meanwhile all Tesla sells is evs and their stock has doubled in the last 6 months.  I'll give you one guess why.

Go Elon and Trump!!

[The Phantom's Phantom 108]

17 minutes ago, Hardcore troubadour said:

Why did ford shut down its F-150 EV factory? 

It didn't shut down the factory.  It halted production for 3 months.  And it was due to lower than expected demand.  Nothing to do with mandates.  If there were mandates to buy then people would have to buy.  You have a kindergarten understanding of economics.  I'm begging you to learn something.

[Hardcore troubadour 14,078]

2 minutes ago, The Phantom's Phantom said:

It didn't shut down the factory.  It halted production for 3 months.  And it was due to lower than expected demand.  Nothing to do with mandates.  If there were mandates to buy then people would have to buy.  You have a kindergarten understanding of economics.  I'm begging you to learn something.

Bidien did t want mandates and there wasn’t a bill in congress for them? Please, go read and learn something. Sheez

[jbycho 171]

9 minutes ago, The Phantom's Phantom said:

It didn't shut down the factory.  It halted production for 3 months.  And it was due to lower than expected demand.  Nothing to do with mandates.  If there were mandates to buy then people would have to buy.  You have a kindergarten understanding of economics.  I'm begging you to learn something.

EVs suck. Proven. 

[The Real timschochet 5,170]

Here is the libertarian solution: 

1. No EV mandates. 
2. No tariffs. 
 

See how simple that is? 

[jbycho 171]

Just now, The Real timschochet said:

Here is the libertarian solution: 

1. No EV mandates. 
2. No tariffs. 
 

See how simple that is? 

Stupid you mean. Fock evs. 

But love the tariffs. 

Liberals are stupid. 

[The Phantom's Phantom 108]

12 minutes ago, Hardcore troubadour said:

Bidien did t want mandates and there wasn’t a bill in congress for them? Please, go read and learn something. Sheez

What's the bill?  Did it pass?

[jbycho 171]

1 minute ago, The Phantom's Phantom said:

What's the bill?  Did it pass?

This guy doesn't know what's going on but wants to blather on about it. 

[Hardcore troubadour 14,078]

3 minutes ago, The Phantom's Phantom said:

What's the bill?  Did it pass?

So you didn’t know there was a bill.  And here you are running your mouth.  Typical of you.  

[The Phantom's Phantom 108]

2 minutes ago, Hardcore troubadour said:

So you didn’t know there was a bill.  And here you are running your mouth.  Typical of you.  

So there was a bill in Congress that mandated people buy evs and it's this bill that had caused Ford stock to start dropping on the same day that Trump announced his tariffs?  That's what you want us to believe?

[Hardcore troubadour 14,078]

And Gutterboy must not know about  the EV mandate in California and the one being proposed in NJ. I guess when the president says he wants the same thing car makers should just ignore it. 

[The Phantom's Phantom 108]

5 minutes ago, Hardcore troubadour said:

And Gutterboy must not know about  the EV mandate in California and the one being proposed in NJ. I guess when the president says he wants the same thing car makers should just ignore it. 

Sure I know about them, but you said automakers have been closing factories and laying off workers due to Biden's ev mandates.  You know thats false now right?

[Hardcore troubadour 14,078]

17 minutes ago, The Phantom's Phantom said:

Sure I know about them, but you said automakers have been closing factories and laying off workers due to Biden's ev mandates.  You know thats false now right?

 No. They were anticipating greater demand based on Bidens and others call for mandates. 

[The Phantom's Phantom 108]

2 minutes ago, Hardcore troubadour said:

 No. They were anticipating greater demand based on Bidens and others call for mandates. 

So now they're just calls for mandates?

[Hardcore troubadour 14,078]

1 minute ago, The Phantom's Phantom said:

So now they're just calls for mandates?

Bleach! 

[The Phantom's Phantom 108]

20 minutes ago, Hardcore troubadour said:

Bleach! 

Throwing the gun?  Go get drunk.

[seafoam1 2,495]

34 minutes ago, The Phantom's Phantom said:

Throwing the gun?  Go get drunk.

Imagine being this gay.  

[The Phantom's Phantom 108]

Dec 5 (Reuters) - Import tariffs during President-elect Donald Trump's first term broadly lowered stock values on the day they were unveiled, and were associated with lower future profits, sales and employment for the firms whose equity prices were hit the hardest, new analysis by Federal Reserve Bank of New York staff concluded.

Firms exposed to trade with China in particular, about half of publicly listed companies, saw bigger stock market losses on days when import tariffs were announced during 2018 and 2019, and over the ensuing two years saw profits, for example, that were about 13% lower than others.

https://www.reuters.com/markets/us/tariffs-under-first-trump-term-hurt-us-firms-ny-fed-analysis-says-2024-12-05/