Posted on 06/16/2022 10:08:39 PM PDT by conservative98
Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs.
“We actually had a positive bottom line profit when we launched the Mach-E, commodity costs have wiped that out,” Chief Financial Officer John Lawler said Wednesday at the Deutsche Bank Global Automotive Conference, referring to 2020, when the vehicle went on sale. “You’re going to see pressure on the bottom line when we launch our EVs, they’re not going to be positive.”
(Excerpt) Read more at finance.yahoo.com ...
How much oil is required to manufacture an electric car?
https://www.visualcapitalist.com/how-much-oil-electric-vehicle/
Yeah
Just like First Citywide Change Bank
Electric Mustang..dumb ass idea to start with.
Ah, yes.
I remember the 'Pinstriped Pinto'.
I never owned one of the silly things, though.
The last Mustang I owned was a 1970.
It had a 302 V8 - but the big block MOPARs
would still beat me down Front Street single every time.
Those were the days...
Yeah. Boss 302.
” It is unbelievable that any car with the Mustang emblem could be so butt ugly.”
Aerodynamic but yes, ugly.
0bama and Brandon have the reverse midas touch
Everything they touch turns to shite
I predicted this years ago. 500,000 pounds of raw materials to produce 1 EV battery. Unsustainable especially now that diesel fuel cost are through the roof. Marxists think that EV batteries come from the battery store. A lithium ion tool battery that cost $100 two years ago is now $250.
I’ve got a 2021 RAM EcoDiesel Built to Serve, Coast Guard edition. Gets an honest 26.5 mpg city and 29.5 mpg freeway at 80mph. It’s got a 33 gallon tank and can drive all day. It’s one of the most comfy rides I’ve ever had, and I’ve had some expensive cars.
Ford’s F-series pickup truck carries the brand and more than makes up for the profit losses of other models.
LOL. No more ICE cars after 2035. Right. Hilarious. They know not what they do. What maroons.
I take it back. They know exactly what they are doing, which is to destroy American society. They want cars to be available only for the rich so everybody else must take public transit.
Memo to Ford:
STOP MAKING EVs.
It looks bad even in promo pictures which can typically make ugly vehicles look good from certain angles and with the right lighting. Then you see them out on the road and you wonder what the heck was that?
Pontiac Aztec.
Good.
Can’t understand normal thinking.
Awwww. Good riddance.
Awwww. Good riddance.
Its clear they are attempting to evoke the old fastback mustang body styling but this is just a fugly car... boring as hell to look at IMHO.
I am sure it has awesome acceleration since its all electric, but my God, is it about as boring and ugly looking of a looking car as you could come up with.
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