Europe has slowed but stabilized. During this time, even with less sales, Ford has gained market share. They have the best selling vehicle in the UK, and has had the best performance for the first 6 months of the year in Germany since 1998 in the commercial vehicle market as a percentage of that market. Ford is also implementing the same plan in Europe that they used to restore their place in the US. By the end of this year Europe could very well be back on an upswing for Ford.
Investment in China has been made to the tune of billions in order to build manufacturing facilities to increase volume there. So far sales are up 47% in China for Ford, even though those facilities are not yet "online." Many of those sales have come from vehicles imported from North America. Progress in China is doing well. Progress is being made in the Asia/Pacific region as a whole. This region is already on an upswing.
North America is doing wonderfully with an expected (and so far "proven), increase in sales & profit over last year, which was a banner year.
Ford is adapting to Brazilian laws on imports and is working on building more vehicles there to avoid the increased excise tax. This has been ongoing and I expect Ford to start reaping rewards from these efforts by the beginning of next year. Ford has been adapting to the South American needs, including development of new products specifically for that market.
Ford has been expanding in Russia. That market isn't completely stable but Ford has been increasing presence and market share there.
I feel that this will be a good year again, even with the European troubles. I feel next year will be even better as the new China facilities come online and Ford has expanded capacity in the Asia/Pacific region. South America will also start to show profits again next year. Late next year I believe Europe will be returning and profit is possible.
I believe within 2 years Ford is going to be a money making machine. JUST my expectations.
I fully concur
with your valid
is currently in the
process of becoming
a "money making machine".
On a cautionary note, all
Ford investors should remain
mindful of the fact, that the
Automotive business is
still highly cyclical in nature.
"Automotive business is
still highly cyclical in nature"
With that said and knowing that it's fact we have to look back at past cycle duration. I haven't done that yet but will and give my opinion after some data study. Right know I want to think the cycles are running 5-7 years before large pull backs with us being in our 2nd or 3rd year of the run up, but don't know for sure.......Anybody???