- I do not feel Mr. Johnson factors in all the human elements. -
Agreed. I can see the people who view cars as 'transportation appliances' flocking to driverless cars, but not too many other people. Cars represent freedom and individuality in a way few other things can (much to the chagrin of the anti-car intelligensia), and I don't see masses of people giving that up.
It would be interesting to see the list of assumptions he makes to draw his conclusion.
There have been rumors in the past. which I'm sure you've heard, of Ford bringing its small South American ute, the EcoSport, to North America and selling it as a Bronco. Since it shares the same platform as the Fiesta, it could be built on the Fiesta line. Not sure how well a FWD Bronco would go over with the hard-core off-road crowd, though.
Did you consider the possibility that SYNC 3 wasn't ready in time for the rollout of the new Explorer? The rollout of a new vehicle takes time - like years - to execute. SYNC 3 most likely wasn't even on the drawing board when Ford started work on the 2016 Explorer, and SYNC 3 is not a drop-in replacement for the Microsoft-based version of SYNC.
Any time the government says it is 'speeding up' implementation of some rule or regulation, I get nervous. Government seldom takes enough time to really think things out and get it right the first time. The old saying "there's never enough time to do it right, but there's always enough time to do it again" applies here.
Aside from that, I don't want a car telling me how to drive. LOL
Not sure why Ford would want to buy Tesla; Ford has enough on its plate already. Now licensing Tesla's battery technology might be a possibility ...
I read on another site where Honda is even going so far as to send employees into salvage yards to strip un-deployed airbags out of wrecked cars so the defective airbags aren't used as replacements for cars still on the road.
You have to wonder if Honda's legal department had something to do with that (I'm sure they did).
The Detroit Bureau is reporting that Honda is recalling an additional 5 million cars for the Takata airbag inflator defect. Honda is now at over 10 million cars and counting on that ... not good.
It should be noted that Takata is part of Honda's keiretsu, which is why Honda has been the hardest hit by the inflator problem.
- Will this make me money? As an investor, that is the only thing I care about. -
Understood, but this is driven by government regulation.
Oh, so you think the nearly endless FED pumping of cash into the market hasn't pushed it to highs we wouldn't otherwise see?
- They are NOT a stupid bunch -
Jim Cramer blows that theory out of the water ...
Look for the article titled "Ford Profit Decline Poised for a Reversal This Year, CEO Says" for more on what was said.
Use the link in the subject line for more about the meeting, including comments on earnings.
They didn't directly address earnings like they would in a quarterly earnings call. The only thing that I heard them say regarding earnings was that they expected this year to be very good.