Government mandates is NOT "market conditions"
Switching to all EVs is like hitting yourself in the head with a hammer.
It feels so good when you stop!.........................
More like pivoting toward bankruptcy. 🙄
Ford is betting the farm on the wrong horse.
It would be a good idea not to buy any vehicle made by Ford. They will soon be out of business.
This will be one of those corporate strategic blunders that takes down a gigantic company.
They are walking into the governmental trap that EV’s are mandated to be a replacement vehicle option when those governments know well there is not enough grid electricity for a massive transformation.
REMEMBER: Popular demand is not driving this. Governments are driving this. What they demand now can be rescinded and reversed later.
The governments can quickly outlaw electric vehicles and strand the world’s citizens suckered into the ruse.
The long-term goal is for nobody to have ANY personal vehicles at all except bicycles.
Transportation is headed in the direction of electric vehicles but electricity production is headed in the direction of wind and solar power.
What could possibly go wrong?
The bicycle business is going to be booming.
All of those let-go employees and their families and friends might be less than enthusiastic about buying electric cars.
85% of Americans took the vax. That is holocaust level obedience without question. America will do what they’re told.
The country you remember is long gone. But mail in ballots saved lives.
RAM has the right concept.
Ford is committing seppuku at the behest of globalists and emotionally compromised shareholders. Same with GM.
‘Mandates’ will become the norm.
Welcome to USSA, all under the guise of ‘saving the planet’.
Dumbasses.
There are just not enough resources to switch to EV’s totally, not enough rare earth minerals or the basics like Copper to change to expand the grid, or even though power generating capacity.
Mark Ford and GM down as going bankrupt in the name of Green energy polices.
Henry Ford I and the Henry II will be rolling on their graves at this.
Just like our elected federal officials, the mission of Ford’s executives is to manage an orderly decline and dismantlement of the organization they oversee.
EVs = Dead-End
Like the days of royalty, only the wealthy will be able to drive.
I called Ford bankruptcy in 1st quarter 2024.
EVs will be an Epic Fail of immense proportion.
I don’t have a problem with EVs as niche vehicles making up maybe 15% of the fleet.
But there isn’t the electric generating capacity, the grid nor the mining and metals necessary to reach the Net Zero fantasyland.
Government mandates is NOT "market conditions"
Pivoting to bankruptcy is more like it.
Good thing they have their eye on good management practices.
I hear Rivian is about to go under.
Ford’s traditional customers were middle class, working Americans. They simply do not want to buy EVs even when coerced. Ford will go bankrupt. The government catering to unions will one day take it over and it will be known as “US Ford”. The niche EV market belongs to Tesla.
Their financial honcho asked me what kind of car I drove. VW bug. And he asked me where I thought the auto industry was going. I told him I obviously thought cars would get smaller and more fuel efficient...which is why I drove a beetle.
It must have really pissed him off because I was immediately thereafter told I wouldn't be returning for more interviews.
I was later advised by the guy guiding me through the interview process that telling the truth was not advisable. I should have said that I liked big gas guzzlers because that's where their biggest profit margins were.
I obviously didn't get an offer and soon Ford hit the skids.
If they had only listened to me, they could have avoided a lot of trouble.;-)
it is definitely more competitive...market share as compared to ICE cars is shrinking fast, and every auto maker is going all in on EVs....bizarre