Explained AA to them in December 2014 . AA is about aluminum plain and simple.
That the areo space bussiness was peaking.
That splitting a company , how does that help ?
The only thing that will help AA is they manage to hang on until aluminum prices recover.
What we object too is the destruction of Ford by the UAW.
Ford is making almost 0 profits on their car line. WHY ? UAW wages.
Any hiccup in truck sales and F begins to bleed red ink.
Sound like history repeating , it is doing just that and stock has a low taget of 7 on it.
coming from trucks.
Why can`t Ford make a profit on cars ? The answer UAW wages.
So how will Ford remain profitable when any hiccup or slowing of truck sales occur.
HISTORY WILL REPEAT you Mo , flying, and the Gang of UAW shills know this fact.
The cost is very reasonable. The reality is people like you are too stupid to get to the airport early enough not to miss their flight.
One of the 4 Trolls 150 ds
Sae mantra for 2 years
AA mines aluminum they still don` get it
I explained this to them in YES December 2014
That while the areo space/airplane bussiness good it is not going to drive profits
That if every car in America was made of aluminum it would not effect AA prie
It s about over supply and China
Not according to anyone else but you . The drag on the price is the belief that sales will not continue at a 17 million pace. Add to that fact that Ford makes almost all its profit from the 150 and a few SUVS.. 7 of the top 7 selling cars/vehicles are foreign.
That even at a lower wage Ford managed to lose 30 billion in 3 years on 3 million sales of vehicles and it is easy to understand what WallStreet thinks of eliminating the second Tier.
Prior to the contract Ford and GM stated numorus times they needed a wage reduction or Third Tier to be successful going forward.
Imagine 44 thousand workers getting a big pay raise . Add overtime and FICA costs
Now imagine all Ford workers earning a realistic 17 and hour .
he talk about the UAW claim that reuced wages save Ford. So how wll the biggest raise ever, the eimination of the second Tier when everyone new a Third Tie was needed , theinsane signing bonus ,produce profits in the coimng years ?
This is why the stock is 13 bucks.
Questionater, Mo, lilmuffin, flyingthunderbird, jeffg . lovelincolns . ALl the same or at best all UAW shills. They mostly appear at contract time.
They would be laughable if not for the fact this new contract is the end of Ford. It will happen in the next 3 to 7 years. Unless enough product is off shored. Or the profit drops enpough where the new contract the reality is finally faced.
The STREET understands you cannot pay UAW wages and be profitable in the long term.
Silly UAW shill. Ford was near bankrupcy. The run from 1 to 10 is not even worth talking about. As any stock under 10 is a bankrupcy candiate.
THE saving of Ford according o the UAW was the sacrifice of wages and the two Tier.
So tell us once things return to normal sales [ already 7 of the top selling 7 cars are foreign.
How will Ford pay these wages ?
Nothing has changed .
We will return to 3 million cars sold 30 billion lost in 3 years.
Oh yea you claim that never happened LOL.
Pretty much says , I know slaes will drop at some point and we will not make the pofit needed to pay these wages , history will repeat.
I know he wanted some cash lol , his free large salary, free cars, free travel, free hotel ,free food and other perks are not enough.
Fact is if he thought the stock was worth even 15.50 bucks by end of summer. He just gave up close to ,3 million bucks .
aluminum goes up in price . China stops dumping if demand would go up and supply down. AA goes up.
The rest is just chatter.
Aluminum for cars as the Trolls scream about a drop in bucket.
Airplane /arero space warned them two years ago , won`t help AA stock price.
car sales normalized. We will repeat the 3 years of 3 million in sales and 30 billion dollars lost.
We can hope for a final suckers run but it is looking owrse and worse.
Most likely Ford will begin losing money in 2018 this may have been the plan all along to break the UAW at next contract.
Ford thinking we can survive until next contract when losses start and we can finally get a reasonable wage.
Or enough off shored by then.
Could you please explain what your point is about the Japanese government funding health insurance ?
As the owner of a company aka stock holder I don`t care how the competition beats me , just that they do .
China floods the mkt with steel ,aluminum and American consumers love lower prices .
The foreign companies build a better car with non union labor the consumers does not care.
44 thousands Ford workers earning 20 and hour a very reasonable wage means big profits for Ford.
A wage cut for the UAW could easily translate into a MILLION DOLLARS A DAY extra profit for FORD
Imagine what the stock price would be and the ability to sell cars at a lower price .
And the only one who would care about this cut is the UAW.
Profits remain high .
The problem with Cadillac is it steals sales from Lincoln and vice versa .
Both GM and F need to stop the cultural shift in the under 55 mkt to BMW , Mercedes , Audi.
When my 300 lease is up I will be looking at Caddy and Lincoln but everyone I know has switched to the foreign .
So far while the 300 S is a favorite of mine
With 6 k miles transmission replaces
Air out second year and still not fixed
Recall for shifter
LOL we wait for the final run up if that happens.
But what we know for sure history will repeat
3 million in sales 30 billion in losses in 3 years due to labor costs