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To some extent, the outgoing CEO is taking the fall for a nationwide slump in auto sales, which affects all auto companies. I think this change is mainly windo

To some extent, the outgoing CEO is taking the fall for a nationwide slump in auto sales, which affects all auto companies. I think this change is mainly window dressing: the outgoing CEO was committed to self-driving car research, as is the new guy. The fundamentals of the company are unlikely to change. I suspect that the stock would go up in the short term if Ford started putting more money into SUVs and crossovers, at the expense of the company's long-term success. If Ford's investors believe that self-driving cars (or at least, semi-autonomous cars) are the future, they should be willing to put up with a low stock price over the next few years.

sixQuarks 9y ago
why does everyone keep saying car sales are in a "slump". Sales are off only about 5% compared to last year, which was the highest annual sales in history. This year's new car sales are still incredibly high compared to the average yearly sales from the last 10 years. Overall car sales have hit a plateau, you can't expect it to keep breaking records year after year, which it has done since 2009. SUVs and trucks are still in high demand, it's sedans that have taken the biggest hit.
fensterblick 9y ago
The Ford family controls the stock with its supervoting shares. Their opinions are what matter. Otherwise, I agree with your comment.
Fricken 9y ago
GM's sales have gone up over the past few years, their share price has been pretty steady, and they're long term strategy for electric, shared, and autonomous is looking gangbusters. Ford not so much.
- twblalock 9y ago
  GM's sales are down this year, as are Ford's. The GM share price is not steady either -- it has dropped nearly 15% from its value in March, and about 6% from it's value on January 1st.
icantdrive55 9y ago
We just want a vechicle that lasts. Why don't American vechicle manufacturers get it? Toyota figured it out years ago, but now have their own set of problems--price. I'm looking for a new vechicle for my mom. I go to the Dens of Delusions, and literally feel sick. Just puffy vechicles with way too much stuff that will eventually go dead. I don't want all the tech. I just want a vechicle that will take her 200,000 to 300,000k, without the trans blowing up at 150k. Hell-- I have a Toyota from the 1980's that has 250k. The engineers did a great job on the engines. It's that overly complicated six speed trans, with the overdrive that's the Achilles on pretty much every new vechicle. And those warranties, "Seven year 100k on the Powertrain". Yes--99.9 will last 100k. They should last 200k at this point in history? I can rebuild a Ford AOD, AOED, 4R70w with a few specialized tools (basic machinist tools, like a calipers, micrometers, and a few home made tools), in a hot garage in Missouri. Yes--I needed to take my time, but a doable job. These new transmissions are just too complicated, and require too many specialized tools. I so waiting for a reasonably priced electric.
ouid 9y ago
if Ford's investors believe that the company will be worth more in the future, then that should be reflected in the current price.
untangle 9y ago
Ford is losing share – always a scary thing but especially bad in a falling market. IME, the only way a Board can live with falling market share is if they believe the CEO/company is poised with some "secret weapon" bringing new competitive advantage soon. Evidently, secret weapons are in short supply in Dearborn.

sixQuarks 9y ago

why does everyone keep saying car sales are in a "slump". Sales are off only about 5% compared to last year, which was the highest annual sales in history. This year's new car sales are still incredibly high compared to the average yearly sales from the last 10 years. Overall car sales have hit a plateau, you can't expect it to keep breaking records year after year, which it has done since 2009. SUVs and trucks are still in high demand, it's sedans that have taken the biggest hit.

fensterblick 9y ago

The Ford family controls the stock with its supervoting shares. Their opinions are what matter. Otherwise, I agree with your comment.

Fricken 9y ago

GM's sales have gone up over the past few years, their share price has been pretty steady, and they're long term strategy for electric, shared, and autonomous is looking gangbusters. Ford not so much.

twblalock 9y ago
GM's sales are down this year, as are Ford's. The GM share price is not steady either -- it has dropped nearly 15% from its value in March, and about 6% from it's value on January 1st.

icantdrive55 9y ago

We just want a vechicle that lasts. Why don't American vechicle manufacturers get it? Toyota figured it out years ago, but now have their own set of problems--price. I'm looking for a new vechicle for my mom. I go to the Dens of Delusions, and literally feel sick. Just puffy vechicles with way too much stuff that will eventually go dead. I don't want all the tech. I just want a vechicle that will take her 200,000 to 300,000k, without the trans blowing up at 150k. Hell-- I have a Toyota from the 1980's that has 250k. The engineers did a great job on the engines. It's that overly complicated six speed trans, with the overdrive that's the Achilles on pretty much every new vechicle. And those warranties, "Seven year 100k on the Powertrain". Yes--99.9 will last 100k. They should last 200k at this point in history? I can rebuild a Ford AOD, AOED, 4R70w with a few specialized tools (basic machinist tools, like a calipers, micrometers, and a few home made tools), in a hot garage in Missouri. Yes--I needed to take my time, but a doable job. These new transmissions are just too complicated, and require too many specialized tools. I so waiting for a reasonably priced electric.

ouid 9y ago

if Ford's investors believe that the company will be worth more in the future, then that should be reflected in the current price.

untangle 9y ago

Ford is losing share – always a scary thing but especially bad in a falling market. IME, the only way a Board can live with falling market share is if they believe the CEO/company is poised with some "secret weapon" bringing new competitive advantage soon. Evidently, secret weapons are in short supply in Dearborn.