Pickup Truck Sales Breakdown: Fourth Quarter 2018

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Many predicted that 2018 auto and pickup truck sales would take a huge downturn from 2017, and that didn't happen. Pickup truck sales stayed strong through the end of 2018, with Ram setting itself up to become the second-best-selling truckmaker in the U.S. for 2019. In fact, Ram outsold the Chevrolet Silverado in the third and fourth quarters of 2018, but just missed nipping ahead of Chevrolet by less than 50,000 new pickup sales at year end. That's big news in the full-size pickup class and something we'll watch closely in 2019 as Chevrolet launches a big, new marketing campaign for the new 2019 Silverado 1500 at a time when the all-new 2019 Ram 1500 is receiving a lot of attention as well.

Related: Best-Selling Pickup Trucks: Fourth Quarter 2018

In the mid-size pickup class, the Toyota Tacoma continues to benefit from having three production facilities making the popular truck in multiple wheelbases with two bed lengths, two cab options, two engine choices and two drivetrains. That's quite a different strategy from that of the newly debuted 2019 Ford Ranger, which offers only one engine and wheelbase. We should note this class looks ready for more incremental growth as both the current top sellers, the Tacoma and Chevrolet Colorado, enjoyed double-digit year-over-year growth at the end of 2018, certainly implying there's room for more competitors.

As to the overall Detroit Three manufacturer race, GM — that's all Chevrolet and GMC pickup sales combined — held onto its lead in the fourth quarter of 2018. Even when looking at just full-size pickup sales for Q4 2018, GM and Ford were separated by only 1,822 sales.

While the next few cold-weather months are likely to yield sluggish sales, we have no doubt that they'll continue to be competitive, especially with the three-quarter-ton and one-ton truck news we're expecting as the year unfolds. Stay tuned.

Manufacturer images; Cars.com graphics by Paul Dolan

 

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Comments

GM loves slave labor

“An auto worker in Mexico is getting just $2 an hour to do the same job as the people they are replacing,” Dias said Wednesday

“The people who build cars in Mexico can’t even afford to buy one,” said Dias. “It’s not like General Motors passes along those savings to Canadian customers. The Escalade they make in Mexico is sold for $110,000, like it would if it was made here. It’s corporate greed, plain and simple.”

https://torontosun.com/news/local-news/warmington-gm-relying-on-slave-labour-in-mexico

https://www.gm-trucks.com/forums/topic/155732-warped-dash/#google_vignette

https://www.carcomplaints.com/news/2018/gm-cracked-dash-lawsuit.shtml

https://www.google.com/search?rlz=1CDGOYI_enCA790CA790&hl=en-US&q=silverado+dash+crack+recall&sa=X&ved=2ahUKEwj7pcuwmeLfAhWlIjQIHVOnBwAQ1QIoAXoECAoQCQ&biw=375&bih=627&dpr=2
Posted by: Marta | Jan 9, 2019 8:51:25 PM


So you best response is one thread with a few guys that had a warped panel. The thread only has 90 comments made by a dozen members and it was over the span of 5 years. The other two links are to the same issue that was with 07-13 GM trucks. Who cares? Meanwhile the same issue has plagued the F-150 since 2015 and 2017+ Super Duty. It's not just a few guys either. One thread is 50 pages long filled with guys just like me.

The 2014 Silverado "warp":
https://www.gm-trucks.com/forums/uploads/monthly_12_2016/post-127028-0-75493400-1482336660_thumb.jpg

Compare that with the awful warp that 2015-19 F-150's have:
https://cimg1.ibsrv.net/gimg/www.ford-trucks.com-vbulletin/549x975/dash4_d801f10846bcc62d1309c6b2ff7bbfc93c2f5350.png
https://cimg2.ibsrv.net/gimg/www.f150forum.com-vbulletin/1300x632/dash_side_89a336f39cc434d87b83396360084253702db5f0.jpg
https://www.ford-trucks.com/forums/attachment.php?attachmentid=257615&stc=1&d=1517622359

The major problem is that it's not just the area around the defrost vents. All the panels on the dash can warp. Some are warping on the side of the dash near the door hinges. A LOT of gloveboxes are warping so bad they don't close right after a while. What happened to Ford quality? They don't even seem to care that their trucks look like chinese garbage.

https://www.f150forum.com/f118/2017-model-year-dash-still-warping-seperating-384600/
https://www.ford-trucks.com/forums/1545286-2018-f150-xlt-dash-warping-and-deformed.html
https://www.f150forum.com/f118/2015-dash-warp-295214/
https://www.f150forum.com/f118/glove-box-302654/

For anybody that has been affected by this major dash warp issue that Ford refuses to do anything about, there's a lawsuit being formed to force Ford to finally do something about it.

https://www.bhfloridalaw.com/what-to-do-if-your-ford-truck-suffers-from-dash-warp/

Most of us are out of luck right now:
"Just an update:

Dealer said that they heard back from Ford and were told that there is no current fix. That they've issued a stop on replacements since the replacements are also encountering the same issue. Sooooo, known issue. No fix. No warranty replacement.

Called a second dealer, explained to them the issue (didn't mention that I'd already had it looked at with another dealer) and they said they had a truck in last week with the same issue and they were told by Ford the same thing. Not authorized to do a warranty replacement and no current fix."

Like you said “ who cares ?“ expect for a biased GM Humpers - except when it ( also ) happens to GM vehicles.

What does Ford and GM warped/cracked dashboards, and GM exploitation of Mexicans as slaves have to do with Pick Up Truck Sales Breakdown?

@Rick you weren't kidding! Brand new 2018's on the dealer lot with nasty dash warp.

https://www.f150forum.com/f118/2015-dash-warp-295214/index42/#post5457652

The 2015+ F150s are going to look like the late 90's/early 2000's Ram 1500's that warped and cracked until the whole dash fell apart.

https://cdn.carcomplaints.com/complaints/images/b1c1761c-65fa-102b-93bd-96108a84f749r.jpg

You would think Ford would have learned by now. Just like they basically copied the old Chrysler 2.7L LH V6 when they designed the Duratec and now those engines have the same major problem: internal water pump driven by the timing chain. Only instead of making sludge, it leaks so much coolant that it turns your oil into milkshake. Great deal for the dealers. Ford guaranteed that a bad water pump is a $1500+ job instead of a simple external water pump job.

Oh look...

It’s the EV Shill preacher Rambro, who drives the most inefficient 1/2 ton, Toyota Tundra.

@Rambro
Just for accuracy sake, the Duratec was a collaboration with Porsche. It was no way a copy of anything Chrysler.

Duratec was a collaboration with Porsche

@Grnzel

one of the last smart things Ford did was obtaining the IP to build the 3.0 V6 from Porsche. The Duratec was updated with VVT along the way and it became very competitive.

It was dropped around 2008 in deference to the Cyclone engines. Many of those old Ford 500s, Taurus's and CUVs are still running strong with the old 3.0

@one of the last smart things Ford did was obtaining the IP to build the 3.0 V6 from Porsche. The Duratec was updated with VVT along the way and it became very competitive.

It was dropped around 2008 in deference to the Cyclone engines. Many of those old Ford 500s, Taurus's and CUVs are still running strong with the old 3.0

FAKE PAPA strikes again

Is there a real papajim? Unless his grandchildren call him papajim it is a made up name anyway. Anyway I could tell that was someone using papa's name because I doubt he would be saying that much good about Ford except maybe the new Ranger. That is just not his style.

@ Jeff s

Its the whole concept of disrespect! If its not your username. Dont use it. Own up and get your own name. Simple as that.

Respect is dying in this country. It shows on here everyday with the imposter posting under multiple names. Its quite pathetic.

Now, if anyone wants to bust each others b@lls with their own username, I have no problem with that. Its when you are a coward, dont own an actual truck, that drives me crazy!

@the real TNTGMC

The real Jeff S needs about three paragraphs to say Good Morning. The FAKE Jeff comments in short and pithy remarks. The real Jeff waffles on every perspective.

The real Jeff will say something like this:

You should buy the sort of truck that meets your needs. Some people like Fords and some people like Chevys. We had a Chevy when I was a boy. My second cousin had a Ford. It met his needs. You should only buy a larger truck if you need it for heavy work. You should avoid buying a big truck to make yourself look masculine. I worked in Texas in the oil industry. We needed larger trucks but we didn't use them to look manly.

----

So, if you add another couple of paragraphs of waffling and pronouncements about "toxic" masculinity, you too can sound like Jeff.

FYI

Wow, those GM'ers seem to be proud of the fact that it takes them adding up sales of Full Size trucks plus Mid-Size trucks to beat Fords' Full Size trucks. Now that Ford is adding their Mid-Size trucks and that Ram has passed Silverado for two full quarters, GM is sweating. Have to laugh about those new GM ads on tv. They talk about everything except the benefits of buying their trucks. Have to wonder why that is.... Oh, I guess that's obvious to Ram and Ford buyers...

Also, I'm laughing at GMC touting their new tailgate step, years after they ridiculed Ford buyers as "sissy" when Ford introduced its step. And they added heated steering wheels years after ridiculing Ram for theirs. I guess GM's response to getting caught with their pants down yet again is to pout and ridicule. Very juvenile, GM. But I guess that's the owner types they pander too. I used to say about them, "always number2" but now I have to change that to "always number 3."

Its the whole concept of disrespect! If its not your username. Dont use it. Own up and get your own name. Simple as that.

Respect is dying in this country. It shows on here everyday with the imposter posting under multiple names. Its quite pathetic.

Now, if anyone wants to bust each others b@lls with their own username, I have no problem with that. Its when you are a coward, dont own an actual truck, that drives me crazy!


Posted by: TNTGMC | Jan 10, 2019 10:05:51 AM

Respect is earned by respecting others.


@nitro

"Maybe GM should just start using Ford's strategy. Cut rate low margin fleet sales and 25 to 30% off newly redesigned half-ton trucks. I mean, that seemed to do the trick for Ford... 25%+ off 2018 F-150's from March 2018 all the way through December 2018. No wonder they won't spend more than 10 cents total on all the plastic inside an F-150 these days.
Posted by: nitro | Jan 9, 2019 6:35:11 PM"

Where do you and any of the other gm shills get your information of Ford's fleet sales that you always seem to bring up when the discussion turns to the FACT that Ford outsold gm's combined full-size sales?? Must be the same place where you found 25% off the Ford sale price, your a$_$. Tell me that you can ONLY find big discounts on Ford trucks and i will show you what a clown looks like.

You can find dealers that will offer big discounts on all 3 brand's trucks bar none!!

Fleet sales are not a bad thing. Fleet sales don't go away, just go to another brand. If you have a good vehicle it is cheap advertisement. Fleet vehicles have convinced a lot of people try something new.

I dont respect you full of $h!t bc you are the problem.

Hypocrite is a word that suites you!

You have no truck, you use multiple names, and you talk $h!t all while driving a car. Your the problem 🤡

But hey, own up, fix your mistakes and go buy a truck...otherwise see ya

@ Dale

My 98 Silverado has more miles on it than any truck you have ever owned or lasted while owning. I buy GM for that reason bc they just last and run, and run, and run.

The multigate is a step way above the step Ford uses and the integration of the bumper steps is worlds above that which ford offers. The new side step in the box on the HDs is revolutionary bc it will also cut down on rock chips.

Ford should invest on keeping their engines from breaking down and their dashes to last longer than 2k miles.

Wow, those GM'ers seem to be proud of the fact that it takes them adding up sales of Full Size trucks plus Mid-Size trucks to beat Fords' Full Size trucks. Now that Ford is adding their Mid-Size trucks and that Ram has passed Silverado for two full quarters, GM is sweating.

@Dale

There are two major companies that make and sell trucks. One company outsells the other every year. Third place goes to another company that sells half as many trucks as the leader.

Do I need to spell it out for you?

As if that wasn't enough, today a key Ford executive Steven Armstrong, said that Ford will effectively leave their operations in the EU.

Referring to the cuts he said:

“It will be a significant number within the 50,000 we employ there.” Ford plans to announce more details at the end of the Second Quarter.

For my fellow commenters who relished GM selling their EU operations last year, it now appears that Ford will exit that market just to reduce the bleeding (and shore up their stock prices here).

As if that wasn't enough, today a key Ford executive Steven Armstrong, said that Ford will effectively leave their operations in the EU.

Referring to the cuts he said:

“It will be a significant number within the 50,000 we employ there.” Ford plans to announce more details at the end of the Second Quarter.

For my fellow commenters who relished GM selling their EU operations last year, it now appears that Ford will exit that market just to reduce the bleeding (and shore up their stock prices here).

As long as we're at it, FCA officials affirmed today that the company has reached an agreement with the US Department of Justice to settle the DOJ's case regarding the fake emissions tests on diesel engines in the 1500 Ram and the Jeep Grand Cherokee.

The nice shareholders at FCA are going to be dinged for hundreds of millions of dollars in damages and penalties, but (here's the key part) it appears that NO FCA Officials will face jail time over it. How convenient! Shareholders get screwed but the executives get a pass. Stay tuned.

Welcome to the corrupt world of our govenement and big corporations. Its all about the money!

No automobile manufacturer cares about the public! I've said this, they are all corrupt and greedy!

I only buy GM bc they atleast last longer and have been reliable to me. Give them the least amount of money. My 98 has had 5 batteries, 1 alternator, distributor/cap/wires/plugs, regular oil changes, 2 doses of belts and hoses, and new timing chain and cover.

Shareholders get screwed but the executives get a pass. Stay tuned.


Posted by: papajim | Jan 10, 2019 2:15:40 PM

yep just like '09 all over again

yep just like '09 all over again
Posted by: Ford Rules GM Drools

Actually, it's not.

GM exited the EU last year and got paid to do it---they sold their European assets. Ford is leaving that market and nobody wants their European assets.

There's presently a HUGE surplus of capacity in Europe and Britain. Jaguar/Rover announced today that they're concerned about having access to the supply chain being disrupted by Ford's move.

Welcome to the corrupt world of our govenement and big corporations. Its all about the money!

No automobile manufacturer cares about the public! I've said this, they are all corrupt and greedy!

I only buy GM bc they......They pay MEXICAN workers $2/hr


Posted by: TNTGMC | Jan 10, 2019 2:26:21 PM

Fixed it for you pendejo!

@Frank

How about just posting something substantial now and then. The majority of your comments are pure dreck. Seriously.

@ Frank

Another useless/classless post from the 🤡 car driver.


@ papajim

So I read the article and Ford is laying off a combined "roughly" 65k workers. Very sad. Along with what GM did before break. That's the class less garabage we the public deal with in regards to big corporations. Something has to change.

The real papajim would almost never say anything positive about Ford. Also everything with papajim is either black or white and cannot ever admit that an something that does not fit in his narrow box of beliefs could ever be considered.

As for Ford and Europe doesn't have much to do wit h this article but I agree Ford is pulling back from Europe. Ford and VW have already signed a Memorandum of Understanding, partnering initially with the aim of developing joint light commercial vehicles. https://www.thetruthaboutcars.com/2019/01/ford-and-volkswagen-might-make-naias-their-big-coming-out-party/

Regardless about Frank or papajim's bantering about who has the most sales truck sales are up which is the bigger picture but some how the discussion has gotten in the weeds.

GM sold more trucks then Ford once again! No one wants them cheap china Ford turd boxs!

As for Ford and Europe doesn't have much to do with this article but I agree Ford is pulling back from Europe.

@THE FAKE JEFF

The only commenter on this site who routinely hijacks Jeff's name is the dope from down under, aka, the sheep rancher. His mark is plainly seen on the above quote: He says he "...agree that Ford is pulling back from Europe".

Only someone having the colossal ego of BAFO could form a sentence where the facts of the comment are validated by Al's "agreement," as if somehow his personal disagreement might invalidate the fact.

It's all over the world news today you fool. It does not require your validation to make it so. Moron!

@papajim--Not the fake Jeff. I don't always have long posts. I don't see where Ford pulling out of Europe has much to do with this article except sales in the US become more important. GM did the same thing. I don't know if that is the best decision only time will tell but if it keeps both from a future Government bailout then I am for it. I don't see arguing over who is Number 1 as important as 2018 ended up as another banner year. Anytime sales are up is good. I am not a big fan of FCA but I am very glad that they are doing much better for the same reason as stated above. Go ahead and make some snide remark and put me down that seems to be how you roll.

@papajim--As for me spending 2k to fix up my S-10 that was my business. For me that was the right decision since I plan on keeping it another 3 years which is still cheaper than a car payment and it is a know quality. Someone else would have done differently and that would be their decision. The same thing with buying the Isuzu. Maybe the I-5 is no 2.3 Ecoboost but it is a strong engine and if you look at most of that generation of Colorado/Canyon you do will find many with 200k and 300k miles still going strong. I would agree that the newer generation is much improved but the truck has not given me any trouble and 21k for a new 4x4 crew cab pickup with a tow package and heated leather seats is a good deal. 21k versus 40k I can compromise. If it were a total lemon I would not have bought it but I have had it for 10 years with no major issues. Again your opinion is not gospel it is just an opinion which you are entitled to but it is not always a good idea to ridi

ridicule someone. If you want to convince someone that what you say is valid shredding someone is not the way. Maybe that is just ingrained in you and like an old dog you cannot change.

GM did the same thing

@the Fake Jeff

No, they did not.

GM sold its European assets, admittedly at a loss.

Ford waited too long and now they can't give away their assets. Read the press release. While you're at it, read the press release today from Jaguar/Rover. Those formerly Ford-owned properties are also in a world of sh*t. Jaguar/Rover appears to be very unhappy with Ford over all this.

But Ford is taking on a vast expense so they can get the hell out of the EU.

Before this is over, Ford CEO Hackett believes it will cost Ford 11 billion dollars to consolidate their global assets. It's on their website.

Please do not say GM did the same thing. Quite a difference actually.

Yes GM unloaded Opel and Vauxhall which in essence GM pulled out of Europe. You want to play semantics that is your business but GM was failing in Europe and unloaded both Opel and Vauxhall. Not saying GM was wrong but unloading is not that much different especially since GM lost money selling both off. True they were losing money by keeping both and would have lost more but that is not the same as selling off at a profit. Shrinking your market is not the mark of a successful corporation--maybe it is necessary but it is not considered a victory (same could be said for Ford) PSA is succeeding with Opel where GM failed. Again this says that GM is not the shinning example of a successful corporation.

Unloading a company at a loss or paying off a Government loan with TARP funds is not the mark of a successful corporation. Necessary maybe to survive but it is not something to brag about and hold out as a successful business. Take away the trucks and GM, Ford, and FCA would probably be in line for another Government bailout. Papajim I realize you are a diehard GM fan and they can do no wrong in your view but let's be honest this is not what successful corporations do. At least be honest. If you bother to read what I said in full I did state that if what GM is doing keeps them from getting a Government bailout then that is good, but it is nothing to brag about. If it happens again whether it be GM, Ford, or FCA then I as a taxpayer say let them fail. Maybe you go along with too big to fail but not me.

Honest???

@Sheep rancher aka BA, etc

You have been creating unrest on this site for more than five years with your name-games.

Could you possibly be a bigger jerk?

@papajim--Again you are side tracking. You cannot admit when you are wrong. Your strategy is to go on the attack. You are just a glorified GM shill. If you want to believe your blather go ahead but you are not fooling me. Go on the attack and don't admit that someone else could have a valid point.

@papajim--Just admit you are a fan boy and you will go to great lengths to defend your position. When you are cornered you go on the attack and then call someone a fake. Very weak. Got news for you no one is perfect and no one is got all the answers. Only a fool thinks they never make a mistake or have all the answers.

Get help if you can find it.

@papajim--Attack Attack. Have you ever considered running for political office? You have the qualifications of when cornered with the truth you attack and change the subject. I don't need help but maybe you do or again. Tou could run for an office. You have a head start calling everyone fake. Your just a mouth will little substance and best to be ignored. Not going down this rabbit hole again.

@ Jeff s

If u truly aren't the real Jeff s. Then I agree with papajim. Please use your own username. Stop hiding behind someone else's name. Its very disrespectful and it taints the blog!

Have a great day

@the FAKE Jeff S

GM tightened its belt last year, which boosted earnings and GM's share price. GM announced several plant closings and 14k job cuts late in 2018. The reorg (pro forma) will save about $6 billion by the end of 2020, with about half of those cost savings realized by the end of 2019, the company said at the time.

During the same time Ford is hoping to make similar cuts but they're late to the dance.

Mutual funds and investment banks hoping for a position with a major automaker in this profile have already staked their bets. Ford has missed out on that action. Now that the dollar is so much stronger it will be very hard for Ford to sell big assets to anyone outside of the US.

@papajim--Did I say anything about plant closings? If you want to know what I said then stop taking things out of context. I said that GM sold off Opel and Vauxhall at a loss to keep from further bleeding revenue which is not what a business does if they are successful in an operation. If GM would have been successful in Europe it would have either stayed in Europe or sold the operations at a profit. I did not say that selling their operations was wrong but that they are cutting their losses and if it means long term survival then I am ok with it as long as GM doesn't take anymore taxpayer money. Whether a corporation sells off operations at a loss or just pulls out it is not that much different. Either way it is a loss but by selling off it lessens the loss.

My question for you is if you think Ford is too late should they continue operations in Europe because they are too late or should they take their losses and move on? You might disagree with me for what I am about to say but I believe it is too late to agonize over if you should have or should have not sold off an operation and just go ahead and take your losses and move on. You can Monday morning quarterback and criticize as to what a team should have done to win a game but guess what that game is over and done. Take your losses and move on.

My opinion is not based on if I like GM or their products. If I really hated their products I would not currently own 2 of them and have owned 3 in the past. I am not stating that what they did was not wrong or not necessary for survival but if cutting operations and products becomes the norm then I would question their survival. A company cannot cut its way to profitability. That is any company. This strategy has not worked for Sears and K-Mart and yes I know you are going to say that they are not the same as GM but a business is a business and basic rules apply to all businesses. If you think I am singling out GM I am not this also applies to Ford and FCA. As we have recently learned that just because a corporation has been around for 100 or more years does not guarantee its survival. You can also apply this to General Electric.

@papajim--My hope is that GM continues to do well and has a future with growth. That is my hope for Ford and FCA as well. If you want to twist that and go down another rabbit hole I will not join you. I clearly stated my opinions and if you disagree that is your business.

If GM would have been successful in Europe it would have either stayed in Europe or sold the operations at a profit.

@Jeff S (or whoever you are)

The EU is in a slow growth mode these days. The political left and the Greens run things there. Taxes and labor are high. GM actually got paid to leave. Hard to imagine Ford getting out without some scrapes and bruises.

Makes no difference what Ford does at this point but their management's announcement this week makes it clear---they want to stop the bleeding.

Presently Ford only makes money in North America, which is a polite way of saying the US ( one that doesn't hurt Canada's feelings).

Ford spent a staggering amount of capital to acquire plants in places like Spain (boo!) and England (boo!). America is hated in the EU. Who knows why Ford went all-in there.

Both places have ultra liberal governments and big labor trouble. That's the good news. At least those things represent capital assets. They might find a buyer.

Ford has spent a load of money on silly windmills like Ride Sharing and electric vehicle technology that's already obsolete. Those are expenses that are simply down the drain and cannot be recovered.

GM selling their EU assets in 2017 was nowhere near as bloody as all this, and they did it at a time when Wall Street rewarded their initiative. Ford is getting a spanking on Wall Street these days.

@papajim--So if I understand you whether Ford closes its European operations or decides to keep them makes no difference? It is kind of hard for me to think you believe that. I agree with you that GM got out at the right time but at the same time I still hold to my statement that this is not a sale based on success but one of stopping the bleeding.

As for plants in England they have had a plant in England since 1918 which post World War II was profitable--this is not a recent investment.
https://en.wikipedia.org/wiki/Ford_of_Britain

The Spanish plant in Valencia was in 1976. This was 42 years ago and it is hardly like Ford just acquired this plant and then decided to pull out. Please put this in the proper time frame this didn't just happen last year.

https://en.wikipedia.org/wiki/Ford_Valencia_Plant

GM's sale to PSA (not exactly paid to leave unless you mean selling off at a loss and writing the loss off--GM sold off assets at a loss but recovered at least something)

https://www.detroitnews.com/story/business/autos/general-motors/2017/03/06/gm-opel-psa-sale/98783864/

"GM will gain about $1 billion in capital spending money with the sale and it plans to continue developing electric vehicles, fuel cells, autonomous vehicles, its car-sharing service Maven and its investment with ride-hailing company Lyft Inc."

"GM expects to take a mostly non-cash special charge of $4 billion to $4.5 billion. It said it also expects to quicken the pace of its share buyback plan."

True Ford might not get anything from pulling out of Europe and GM at least got something but it was not a gain but mitigating losses just to be factual.

As for electric vehicles and ride sharing agree this is not the best investment for Ford. If Ford wanted in on electric cars it would have been better to partner with another manufacturer instead of taking it all on there own. Again better to share the cost and any losses than to incur them all on your own. Even better wait before investing to see how the market for electric vehicles does and venture with a company that shows promise in electric vehicles. Again that is my own opinion.

If you have noticed I am not just singling out GM. Ford has made their fair share of mistakes to put it nicely.

@papajim--I would give the same advice to GM as Ford on elec

True Ford might not get anything from pulling out of Europe and GM at least got something but it was not a gain but mitigating losses just to be factual.

WRONG

GM stock went through the roof between August and November of 2017, all in response to the news that they were streamlining the company. Not the same.

Ford's way too late. They failed to execute. GM did gain, both in terms of their stock price and also in terms of earnings.



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