Ok, since it is now found to be the PCV valve it is not a costly part. Two million of them, what a bummer though. You don't hear about that many PCV valves being made defectively.
That's interesting. The article I saw, that referenced info from J.D. Power, claimed that the 31% figure was a "new record." If it had been 40% in the past how is 31% a record?
I believe the longer loan terms can contribute to the lower equity issue. However, people keep their cars longer now. We seem to be keeping our cars (mine and my wife's) for 10 years or longer.
We bought our last 2 cars at 2 years of their age, and let the original owner take the biggest hit on depreciation. I don't think I will ever buy a new car again. I got a Focus SE with 16K miles on it, and my wife got a C-Max Energi SES with almost 22K miles on it. Both cars were in like new condition, and we paid $28,700, plus tax, for both. New, they would have been $58,000 plus tax. Can't beat that with a stick. $30,000 (plus tax and interest) isn't worth being able to say "Yeah, we bought these brand new."
All carbon fiber, a 600 HP 6 cylinder, and production of 500 units over 2 years. Definitely a collector car. That is why Ford is using the application method. They don't want these cars put away in a collection and hidden from public view. A halo car isn't very effective if it is removed from public eye.
But I agree, it will really appreciate, and quickly. If a GT wins LeMans it will appreciate even more.
Aha. Well, I guess since the report was originally from a Chinese source it was due to Chinglish terminology. Never heard a PCV valve called a crankcase valve, after having worked on cars for over 30 years.
qqq pretending he knows what something is when there is no such terminology. No surprise there. LOL. I would take him off ignore for just such an occasional laugh, but the rest of his drivel is a waste of anyone's life.
I am waiting to see what a "crankcase valve" is. Never heard of it before. Is this an emissions part? Maybe it is Chinglish for a PCV valve?
It is funny how the market values potential (room for growth) over present record earnings.
Must be Common Core math.
"Show how a bird in the hand is worth less than 2 in the bush."
Yes, sales have increased well and we are building a lot of them. We had a lot of overtime through March and April (50 and 60 hour production weeks). None in May to give everyone a chance to recover, and also orders kind of worked in that favor. Overtime for production starts up again when June starts and until shut down in July. After shut down there is more overtime.
Sales on these trucks will be up over 50% this year I believe, and could be even more.
The F-150's are August 2013 to August 2014 built models, not new pick-ups. There is a vendor defect in the Master Cylinder of a percentage of them.
I am not completely up to speed on that issue as I've only read the headlines, but here is a point of information that comes into play.
If you look at a window sticker and read in the box where the number of mpg is given you will see a statement that gives a range of expected fuel mileage. For example, if City mpg is rated at 17 this statement might say that 14 to 20 mpg is normal. That is because, as many people forget, the big numbers stating fuel mileage are an AVERAGE of what can be expected. Thus, if you are getting 14 mpg in the city you are still getting the RATED mpg.
This is on the sticker of every car from every manufacturer (non-commercial or before a certain weight limit). It is an EPA regulation. I am sure this is what Lutz is referring too. In the eyes of the law, he is right.
Good to see you again. Hasn't been much worth responding to, eh?
Oh, so you want to go somewhere else. I will go there with you for a moment.
When VW makes changes to the cars so that they burn legal their AVERAGE fuel mileage is just about guaranteed to change, and be lower. Because of that the cars will have been sold under false pretenses, and that is more problems for VW.
Now, back to the topic you started.....with the information I provided, what do you think of Lutz's comment now? I know a lot of people are unaware of the statements I mentioned because people don't read the small print.
Wow. That's why you are on ignore. Just had to see what you thought you knew.
No, LOL, nowhere near $100K. I did all the work myself, except for rebuilding the trans and rear axle. I did remove and replace them to have them rebuilt though.
The car is not a show car, it is a driver. It gets driven to cruises, some car shows (been a while) and driven for fun. It does not get trailered. It is not sealed in plastic when parked. It is a muscle car to be enjoyed by being driven.
We paid $8,000 for the car and I probably put another $8,000 into it. When you can do just about all the work yourself you can do a lot more to it on less money.
No 22 inch rims. No hydraulics. It is not slammed to the ground. It does not have 5 TV's and a 1.2 gigawatt stereo system. No custom interior. Nothing like Counting Cars.
It's got rock chips in the paint, and some light scratches here and there. Real cars have them, when you use them. It accelerates from 60 to 120 the same way it accelerates from 0 to 60. The right cam, heads, and rear gear are what I credit mostly for that.
LOL, so, reinforcement for why you are on ignore.
You hit on something I used to muse about, the differences in US and Japanese culture.
In Japan it seems if you make something you are a manufacturer, and thus manufacture things.
In the US, if you are a manufacturer you manufacture something specific, whether it be cars, or boats, or furniture.
In Japan, manufacturers, like Mitsubishi, make cars, microwaves, guns, and TV's.
I don't know that Ford should go that route. I know they used to make farm tractors but they sold New Holland.
Times have changed. Henry had rocks go in one end of the Rouge plant and cars drive out the other as everything was done in house. Now Ford has many, many suppliers who make things for them, like all the other auto manufacturers. Ford has insourced a lot, comparably to the past, since they cut their suppliers by 40%. Ford has found there are savings to be had when you don't have to pay another company's employees, plus profit for the company they work for. Also, quality control has more control when the work is in house, and remedies can happen quicker.
Originally I was a Mopar guy. I love all of the classic muscle cars but I was, and still am, partial to Mopars. My first car was a 1968 Charger that I bought in 1982. I was 18.
In 1992 I went to work for Ford. In 2003 I found out that my dream car, an Australian Ford 1973 XB Falcon, was a Ford. My dream car is the Mad Max Interceptor from the original movie. It wasn't until 2003 that I learned what it was made from. I have one in my garage now. In 2003 we were in a position to buy both mine and my wife's dream cars.
When I ordered my Aussie Falcon I put the 440 engine I had up for sale. I was going to toy with the engine until I could get another 68 Charger, but like I said, then I learned what my dream car was, and so I became a Ford guy, as muscle cars go.
We've (wife and I) owned only Fords since 1985. She came from a Ford family and my Step-father was a Ford worker. He retired in '82 though.
I love muscle cars from every American manufacturer. Don't know what it is, but you've gotta love 'em. I am a Director for a car show next month that will take place at a Film Festival where Directors and Producers from around the world (International festival) will be perusing the cars for use in future films.
I built a 66 Mustang coupe for my wife. Like yours it looks stock on the outside, plus Magnum 500 rims. I built a 331 stroker for it and custom machined some bits for the engine, plus custom billet speaker grills or the package shelf. I put 1976 Granada disc brakes on it and a 1987 Mustang power brake booster too. I like the look of it better than the old 2 stage 66 booster. I welded frame connectors into it and basically rebuilt the whole car.
Too much fun to keep your foot out of it. We enjoy taking it to cruises.
Sales have their fits and starts through the year. We will see when the next big month is soon.