Tweetthis is so bad for our economy here in mich....speeding up the process maybe what ford need's, but it gives no time for new jobs to be created to keep these people working here.

Tweetone word .......chevy!

sorry dave u know i love ya ! lol

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Originally Posted by space mountain

one word .......chevy!

sorry dave u know i love ya ! lol

yea well, chevy did there "restructuring" last year and canned 30-40k people, not counting the tens of thousand buy-outs. ...then, hired additional help for their mexico operations...something i'm sure ford will have to do as well!

TweetIt's sad that vehicles cost as much as they do but the manufactures can't afford to pay a decent wage to there employees

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Originally Posted by bowbow

It's sad that vehicles cost as much as they do but the manufactures can't afford to pay a decent wage to there employees

what do they make now? is it still per hour?

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Originally Posted by space mountain

what do they make now? is it still per hour?

the ones that are left make good money...i sell to guy's that make anywhere from 18-28 an hr, 1 1/2 for over time, double time for holidays and weekends, plus all the bennies, pensions, med, and so on.
that's what is killing the industry here...the bennies and such. health care for life, pensions after 30 years of service...these guy's start at 18-19 before they hit 50, they got a full ride in pensions...well, they live to be 75-80, thats alot of payout for no productivity. now, i'm not against pensions per sey, but thats what does it....a very, very big chunk of every car sale goes to pensions and bennies, and the foriegn automakers just dont have that bill to pay....yet.

Tweet^ Average health care costs for a family is 6-8k per yr, add say 25yrs after retirement=150-200K not counting pensions. Not only that, the quality is just not up to par with alot of imports and styling. Ppl now are also leasing more instead of buying. I remember the old Cad main plant off Fort. What a plant that was,... then seeing it in the 80's abandon..made me think of all the jobs that were lost. For alot of ppl there it was their home and their life. Ppl just don'twant to take concessions, and i can understand that if the company is making a good profit, but when there are serious probs then they need to do something, but i think Ford is past that point obviously.

TweetI can't believe the stock is down to $8 a share, thats crazy for such a big company.
I'm debating whether to buy some shares maybe just for a long term investment while it's still low.

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Originally Posted by mick-G

^ Average health care costs for a family is 6-8k per yr, add say 25yrs after retirement=150-200K not counting pensions. Not only that, the quality is just not up to par with alot of imports and styling. Ppl now are also leasing more instead of buying. I remember the old Cad main plant off Fort. What a plant that was,... then seeing it in the 80's abandon..made me think of all the jobs that were lost. For alot of ppl there it was their home and their life. Ppl just don'twant to take concessions, and i can understand that if the company is making a good profit, but when there are serious probs then they need to do something, but i think Ford is past that point obviously.

i agree with most everything you said, with exception to the quality thing...bro, these "domestic" auto's are built way better than you give credit for. i would agree that in the past (80's to be sure) they (domestics) had more than there share of problems. but that isnt the story anymore. also, your correct, most people are leasing...24mo lease being the most common. 24mo of any, ANY auto, is a pretty safe bet that your not going to see any problems, so i dont get the "reliability" argument that people throw around to begin with. and style..well, thats a matter of taste, and maybe it's the taste of the mojority to perfer the styling of some of the imports, but i havent seen a honda, or toyota that i would take, dollar for dollar, over a fusion, or grand prix, or mustang, charger, or many other domestic's.

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Originally Posted by VveTTe917

I can't believe the stock is down to $8 a share, thats crazy for such a big company.
I'm debating whether to buy some shares maybe just for a long term investment while it's still low.

ford is getting ready to buy back a bunch of their own share's, if that is any indication of what they expect. and actually just a few weeks ago it hit between 6.50-7.00! for the long haul, i think it's a safe bet. just like chrysler durring the 80's, the u.s. government would never let an icon go down...that's why they bailed out chrysler, and if they had to...ford. i dont personally think it'll come nowhere near that. there's gonna be some more blood shed, but they'll pull through..

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Originally Posted by daved150

of the imports, but i havent seen a honda, or toyota that i would take, dollar for dollar, over a fusion, or grand prix, or mustang, charger, or many other domestic's.

How can you say this Dave?? Honda is way better in quality than grand prix or fusion,( have you looking inside these cars and compare them to Toyota or Honda? and look at the interior quality?, engines, detail on body and paint?) but you are a "Ford" guy, and i have known many, so i know you can't change ones way of thinking, lol! What i mean by quality is the engineering and the components and even the interior material used is of better quality. If you are to ask most ppl that buy imports, they will tell you the reason they are not buying Ford, or GMs is that they are getting better product for a similar price and less depreciation when going to trade it in.

TweetThat sux.

TweetI hate to see that, but the UAW did the same thing that the steel workers did...price themselves right out of a damn job!!! These guys( at least in ohio) are making$30 per hour for unskilled jobs, more for skilled. They get all kinds of ridiculous "breaks" which are paid...i heard 3 15 min a day, plus a half hour paid lunch. Not to count, they get more vacation time/sick days than any other industry...by far....they priced themselves right out of a job...bottom line