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Ford cancels EV battery orders as losses widen to $130,000 per vehicle sold
(www.notebookcheck.net)
this post was submitted on 13 May 2024
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[Dormant] Electric Vehicles
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Ford has been mismanaged and only kept alive through BS, anticonsumer protectionist policies for decades at this point. It's my opinion that they genuinely don't even know how to run a successful business because "going under" hasn't been a real concern for them for longer than most of the executives have been at the company.
What crack are you on? Ford makes money hand over foot making the best trucks for a while now. That's why they are alive despite a few (and I believe you're exaggerating) management missteps.
L M A (and I cannot stress this next part enough) O
Ford sold 200,000 pickup trucks in Q1 2024 while Toyota sold 50,000 so those links alone do not tell the whole story. Those recalls are relatively small compared to Ford's market.
Also, Fords are typically easier and cheaper to buy and there are more service centers for them. This is also related to them being the most popular fleet vehicle. Don't get me wrong, I'd love to have a Toyota, but there's a reason why you pay more for the "Toyota tax".
Nobody ever said consumers were rational!
My neighbor purchased a used Toyota Tacoma a couple of years ago for $20,000. A 1999 model year.