In 2008, a series of damaging blows drove the Big Three to the verge of bankruptcy. The Big Three had in recent years manufactured SUVs and large pickups, which were much more profitable than smaller, fuel-efficient cars. Manufacturers made 15% to 20% profit margin on an SUV, compared to 3% or less on a car. When gasoline prices rose above $4 per gallon in 2008, Americans stopped buying the big vehicles and Big Three sales and profitability.
Maybe not, as long as they continue building Euro cars to global spec.Macgyver said:Mustang and that other car are the only ones plus SUVs, Commercial units, and Trucks. They are only eliminating Fiesta, Focus, Fusion, Taurus. Only. lol
Oh well. Gonna kill em when fuel hits $4.50 a gallon again.
Buy stocks from other automakers.
Where is Ford stock at today? Drop?
FoMoCoSHO said:Maybe not, as long as they continue building Euro cars to global spec.Macgyver said:Mustang and that other car are the only ones plus SUVs, Commercial units, and Trucks. They are only eliminating Fiesta, Focus, Fusion, Taurus. Only. lol
Oh well. Gonna kill em when fuel hits $4.50 a gallon again.
Buy stocks from other automakers.
Where is Ford stock at today? Drop?
If another crisis happens they could ship their Euro econoboxes to the states.
Nope, we have plenty of oil and our shale producers have done a great job kicking OPEC in the nutz.SilvererSHO said:FoMoCoSHO said:Maybe not, as long as they continue building Euro cars to global spec.Macgyver said:Mustang and that other car are the only ones plus SUVs, Commercial units, and Trucks. They are only eliminating Fiesta, Focus, Fusion, Taurus. Only. lol
Oh well. Gonna kill em when fuel hits $4.50 a gallon again.
Buy stocks from other automakers.
Where is Ford stock at today? Drop?
If another crisis happens they could ship their Euro econoboxes to the states.
If? I think you meant when....
FoMoCoSHO said:Nope, we have plenty of oil and our shale producers have done a great job kicking OPEC in the nutz.SilvererSHO said:FoMoCoSHO said:Maybe not, as long as they continue building Euro cars to global spec.Macgyver said:Mustang and that other car are the only ones plus SUVs, Commercial units, and Trucks. They are only eliminating Fiesta, Focus, Fusion, Taurus. Only. lol
Oh well. Gonna kill em when fuel hits $4.50 a gallon again.
Buy stocks from other automakers.
Where is Ford stock at today? Drop?
If another crisis happens they could ship their Euro econoboxes to the states.
If? I think you meant when....
The days of OPEC manipulation are over.
FoMoCoSHO said:People like to whine and complain about oil prices but the fact of the matter is there is a long term plan in place to use everyone else's oil first.
Periods of short term pain for long term gain.
FoMoCoSHO said:That being said, never underestimate the ability of politicians to screw everything up.
Well there is sure to be short term supply disruptions...natural disasters, terrorism, Brad drinking too much on the job, etc.SilvererSHO said:FoMoCoSHO said:Nope, we have plenty of oil and our shale producers have done a great job kicking OPEC in the nutz.SilvererSHO said:FoMoCoSHO said:Maybe not, as long as they continue building Euro cars to global spec.Macgyver said:Mustang and that other car are the only ones plus SUVs, Commercial units, and Trucks. They are only eliminating Fiesta, Focus, Fusion, Taurus. Only. lol
Oh well. Gonna kill em when fuel hits $4.50 a gallon again.
Buy stocks from other automakers.
Where is Ford stock at today? Drop?
If another crisis happens they could ship their Euro econoboxes to the states.
If? I think you meant when....
The days of OPEC manipulation are over.
That still doesn't mean we won't see $4/gal gasoline again. And when we do people seem to be pretty irrational over it all. Selling/trading vehicles and paying more to buy something that gets a bit better MPG and taking it in the shorts on their trade in because of the market value at the time on both vehicles due to the circumstances. They seem content with spending twice as much doing that than just toughing it out and paying for the $4 gas and driving what they have. That's all I'm saying....