1. #1
    Bluehorseshoe
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    Ford Plans Layoffs After $1 Billion Trump Tariff Hit.

    I did not see this coming.....




    Ford Plans Layoffs After $1 Billion Trump Tariff Hit
    Some 12 percent of Ford workers worldwide could be out of a job.
    By Mary Papenfuss
    10/08/2018 09:09 PM ET

    Ford Motor Company is reportedly preparing to initiate major layoffs after suffering a blow to profits of at least $1 billion due to tariffs enacted by President Donald Trump.

    The nation’s largest automaker hasn’t yet revealed how many workers will be affected. But a report by Morgan Stanley estimated that as many as 12 percent of the company’s 202,000 workers worldwide could be cut, NBC reported.

    Layoffs will center on Ford’s 70,000-strong white-collar workforce as part of what the company is calling a “redesign” of its staff in an ongoing $22.5 billion reorganization, according to NBC.

    Trump’s tariffs and the retaliatory tariffs they triggered are taking a toll on the U.S. auto industry.

    Ford CEO Jim Hackett told Bloomberg last month that tariffs on imported aluminum and steel alone dealt a blow to company profits.

    “From Ford’s perspective the metals tariffs took about $1 billion in profit from us,” Hackett said. “The irony of which is we source most of that in the U.S. If it goes on any longer, it will do more damage.”

    The ongoing trade war is expected to continue to hurt the company’s bottom line. Earlier this year, Trump said that “trade wars are good, and easy to win.”

    Ford announced a shift earlier this year to produce almost exclusively SUVs and trucks. Those vehicles continue to grow in popularity and are more profitable.

    Its only passenger car will remain the popular Mustang, but production of the iconic brand could also be hurt if profits continue to fall.

    The automaker said last month that it was ditching plans to sell its new Focus crossover vehicle in the U.S. The Ford Focus Active is manufactured in China. Because of the U.S.’s new tariffs on imported cars, it’s no longer profitable for the company to sell it in America, officials said.

    “This is the first of potentially many vehicles that will disappear from the U.S. market” due to the trade war, Kristin Dziczek of the Ann Arbor, Michigan-based Center for Automotive Research warned.

  2. #2
    RoyBacon
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    Ford is playing pin the tail on the donkey.

    You wait 6 months to get a TSLA abroad. Ford needs to produce a better intl product. They dont drive F150's where gas is $4 a liter.

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  3. #3
    Bluehorseshoe
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    Quote Originally Posted by RoyBacon View Post
    Ford is playing pin the tail on the donkey.

    You wait 6 months to get a TSLA abroad. Ford needs to produce a better intl product. They dont drive F150's where gas is $4 a liter.
    What is Ford suppose to do about the tariffs on aluminum and steel???
    Last edited by Bluehorseshoe; 10-09-18 at 08:52 AM.

  4. #4
    RoyBacon
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    Quote Originally Posted by Bluehorseshoe View Post
    Ford seemed to be doing OK in China before the tariffs hit. What is Ford suppose to do about the tariffs on aluminum and steel???
    Ford was not doing ok. Here is their 5 year chart;


    The truth is Ford has been getting beat up in the market longggg before tariffs. It's a convenient topical excuse but nothing more.
    Last edited by RoyBacon; 10-09-18 at 08:52 AM.

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  5. #5
    chico2663
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    Quote Originally Posted by Bluehorseshoe View Post
    Ford seemed to be doing OK in China before the tariffs hit. What is Ford suppose to do about the tariffs on aluminum and steel???
    Trump's tariffs along with interests going up will have us in a recession. Problem is macroeconomics is out of trump and his dip shits understanding.

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  6. #6
    Bluehorseshoe
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    Quote Originally Posted by RoyBacon View Post
    Ford was not doing ok. Here is their 5 year chart;


    The truth is Ford has been getting beat up in the market longggg before tariffs. It's a convenient topical excuse but nothing more.
    No it isn't. Everyone knew Ford was doing poorly before this. This is just another hit.

  7. #7
    RoyBacon
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    Quote Originally Posted by Bluehorseshoe View Post
    No it isn't. Everyone knew Ford was doing poorly before this. This is just another hit.
    Government regulations and high taxes, pre Trump, as well as F's poor product line have contributed to F's fall. Tariffs are a convenient excuse which GM and TSLA are not making. GM is projecting to earn $10 billion next year. They ain't making excuses. TSLA deliveries are 6 months behind intly.

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  8. #8
    chico2663
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    Quote Originally Posted by Bluehorseshoe View Post
    No it isn't. Everyone knew Ford was doing poorly before this. This is just another hit.
    yes they were doing badly but there was hope of them turning it around.Have over 850 shares in them depending on the drips. But is you are swimming in the ocean tiring. If someone puts a 50 pound rucksack on you than or then may make it harder to stay a float.

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  9. #9
    ericc
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    Quote Originally Posted by chico2663 View Post
    Trump's tariffs along with interests going up will have us in a recession. Problem is macroeconomics is out of trump and his dip shits understanding.
    Ford should have swallowed their pride and asked Trump for help, like the soybeaners.

  10. #10
    Bluehorseshoe
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    Quote Originally Posted by RoyBacon View Post
    Government regulations and high taxes, pre Trump, as well as F's poor product line have contributed to F's fall. Tariffs are a convenient excuse which GM and TSLA are not making. GM is projecting to earn $10 billion next year. They ain't making excuses. TSLA deliveries are 6 months behind intly.
    They switched to making mostly trucks now. You're going to compare aluminum usage on a truck compared to a Tesla???

    Ford jolted the industry in December 2014 when it launched the current generation F-150 with an all-aluminum body. Ford’s F-series trucks represented the largest-scale use of aluminum in a high-volume vehicle, and required technological risk-taking at a level rarely seen among the Detroit automakers.

    You need to re-read the article btw.
    Last edited by Bluehorseshoe; 10-09-18 at 09:23 AM.

  11. #11
    chico2663
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    Quote Originally Posted by ericc View Post
    Ford should have swallowed their pride and asked Trump for help, like the soybeaners.
    We already helped the farmers before we helped them again.

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  12. #12
    RoyBacon
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    Quote Originally Posted by Bluehorseshoe View Post
    They switched to making mostly trucks now. You're going to compare aluminum usage on a truck compared to a Tesla???




    You need to re-read the article btw.
    No, but I am saying that F has been fading since 2014 as the chart illustrates. Gas is heavily taxed outside the US and they are way behind competitors on hybrids and electric cars. Tariffs aggravate their situation but it's not the cause of their 5 year continuous fall.

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  13. #13
    Bluehorseshoe
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    Quote Originally Posted by RoyBacon View Post
    No, but I am saying that F has been fading since 2014 as the chart illustrates. Gas is heavily taxed outside the US and they are way behind competitors on hybrids and electric cars. Tariffs aggravate their situation but it's not the cause of their 5 year continuous fall.
    Just to be clear, you realize the article is not talking about cars being exported?

  14. #14
    maggiethebestdog
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    Who cares
    I can't believe anyone in this day and age would buy a Ford with the exception of a F150

    They make GM look like a quality car company

  15. #15
    Venom72
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    Thats what happens when you elect a piece of shit to try and run the country
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  16. #16
    RoyBacon
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    Quote Originally Posted by Venom72 View Post
    Thats what happens when you elect a piece of shit to try and run the country
    They would be way worse off with Crooked Hillary so that doesn't wash.

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  17. #17
    Venom72
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    Quote Originally Posted by RoyBacon View Post
    They would be way worse off with Crooked Hillary so that doesn't wash.
    Im pretty sure hillary is smart enough to know trade wars never work and would have never tried, actually anyone with a basic understanding of economics could tell you that, and hillary isnt in office so who gives a penetrate about her anyway, your orange leader is and is a stupid ass idiot and continuing to penetrate over the ppl that voted for him..but cant really feel sorry for them, you get what you vote for

  18. #18
    Turd Ferguson
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    Don't worry Ford employees, the coal industry is about to start booming again...
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  19. #19
    Bluehorseshoe
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    Quote Originally Posted by Turd Ferguson View Post
    Don't worry Ford employees, the coal industry is about to start booming again...

  20. #20
    RoyBacon
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    Make a better product. I waited 4.5 months for my Tesla.

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  21. #21
    chico2663
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    if roy couldn't use the word hillary would he ever come up with an excuse for trump?

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  22. #22
    Venom72
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    Quote Originally Posted by chico2663 View Post
    if roy couldn't use the word hillary would he ever come up with an excuse for trump?
    Obama

  23. #23
    chico2663
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    Quote Originally Posted by Venom72 View Post
    Obama
    Sorry.

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  24. #24
    HockeyRocks
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    Quote Originally Posted by RoyBacon View Post
    Make a better product. I waited 4.5 months for my Tesla.
    4 months ago, you told me you drove a Honda. Whats up with the BS??

  25. #25
    HockeyRocks
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    Quote Originally Posted by RoyBacon View Post
    They would be way worse off with Crooked Hillary so that doesn't wash.
    Another stupid fukking general comment from the SBR Liar in Chief...

  26. #26
    Thor4140
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    Quote Originally Posted by HockeyRocks View Post
    Another stupid fukking general comment from the SBR Liar in Chief...
    WHen I heard his accent and saw that stupid 55 gallon hat on his car seat, it validated to me what an idiot this guy is.

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  27. #27
    darrell74
    Stfu and pick some winners
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    Strong economy.
    But snowflakes will find a way to melt.

    Pick some goddam winners you phuckin losers. You bitch too much about shi+ that really doesn't matter

    Same snowflakes worry about some useless information that doeesnt really matter. But you continue to be a worthless loser.

    ​Pick a goddam winner!.

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  28. #28
    Venom72
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    Quote Originally Posted by darrell74 View Post
    Strong economy.
    But snowflakes will find a way to melt.

    Pick some goddam winners you phuckin losers. You bitch too much about shi+ that really doesn't matter

    Same snowflakes worry about some useless information that doeesnt really matter. But you continue to be a worthless loser.

    ​Pick a goddam winner!.
    Wtf?? Shut up bitch

  29. #29
    Thor4140
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    Quote Originally Posted by darrell74 View Post
    Strong economy.
    But snowflakes will find a way to melt.

    Pick some goddam winners you phuckin losers. You bitch too much about shi+ that really doesn't matter

    Same snowflakes worry about some useless information that doeesnt really matter. But you continue to be a worthless loser.

    ​Pick a goddam winner!.
    Put money in a far right thinking asshats pocket? No thanks.

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  30. #30
    HockeyRocks
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    Roy, for much of the last 2 years you've preached how you support the American Worker. With Ford now going to lay off hundreds...NOT SO MUCH NOW.....Priceless...

    WTF is wrong with you???

  31. #31
    RoyBacon
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    Quote Originally Posted by HockeyRocks View Post
    Roy, for much of the last 2 years you've preached how you support the American Worker. With Ford now going to lay off hundreds...NOT SO MUCH NOW.....Priceless...

    WTF is wrong with you???
    Trump has produced a great economy but he aint God. Not every company will be a winner. Ford has been losing market share for 5 years. Maybe it's Obama's fault?

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  32. #32
    HockeyRocks
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    Roy doing the Baconshuffle with precision this AM...Once a cheerleader for the American worker now has his nose so far up Douchebag Don's azz is turning against the American Worker and blaming them for losing there jobs at Ford....When everyone on the PLANET knows it's because of Douchebag Dons tariff games..

    WTF is wrong with you Roy. Please tell us..

  33. #33
    RoyBacon
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    Quote Originally Posted by HockeyRocks View Post
    Roy doing the Baconshuffle with precision this AM...Once a cheerleader for the American worker now has his nose so far up Douchebag Don's azz is turning against the American Worker and blaming them for losing there jobs at Ford....When everyone on the PLANET knows it's because of Douchebag Dons tariff games..

    WTF is wrong with you Roy. Please tell us..
    HockeyRocks we finally have rising wages, 4 million new jobs and 4 million good people have come off of welfare.

    Did you really think Trump could produce absolute perfection in 20 months on the job???

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  34. #34
    rkelly110
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    Found on road dead. Their stock is dead. My brother owns a garage he said if it wasn't for Ford he wouldn't be in business, that's how much they break down.

  35. #35
    HockeyRocks
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    Roy, turn your head level to the floor and let those FRUITLOOPS fall from your ears so you can absorb this FACT..

    Rising wages have NOT kept pace with inflation...So stop your fukking bragging about wages...It means NOTHING to the American worked..

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