Is this T3? August 11th "Model T moment" for Ford says Jim Farley

[It's Just Me]

And . . .there's . . . the elephant in the room!

Well, I may be a bit lost in exactly what you're saying, I was saying it in jest.

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[Yellow Buddy]

Don't look at me, I have no beans to spill.

Let’s break this down…
- Don’t look at me (Mach-E)
- I have no beans to spill..

A quick google for “Ford” and “Beans” led me to this article: https://corporate.ford.com/articles...alds-coffee-bean-car-parts-collaboration.html

I therefore surmise that the news is about the Mach-E getting 25% more range due to the new battery pack built with McDonalds Coffee.

 

[MaintGrl]

Well, I may be a bit lost in exactly what you're saying, I was saying it in jest.

They have been of lil help, and that being said , as my Mom used to say . . they are conspicuous by their absence

 

[It's Just Me]

They have been of lil help, and that being said , as my Mom used to say . . they are conspicuous by their absence

Went to the same school my grandparents (raised me) did. Love those old sayings, because they are true, and cut through the BS.

 

[hturnerfamily]

it's been here all along....

 

[Newton]

If you want to get rich, you don’t follow the crowd.

Tell that to Microsoft…

 

[Newton]

We need to acknowledge that EVs are an area where the US is behind almost every highly developed nation. All of this discussion is about EVs in the USA, not Europe or Asia. Owning an EV is hardly an issue in Belgium or Switzerland (two countires that I was in recently) and has the huge plus that you are allowed to drive in zones that are restricted or prohibited to ICE vehicles. The on-street parking near my AirBnB in Gent had about 10 chargers about a block apart that you could plug into to recharge overnight.

However, the real low cost EV that is going to kill the car manufacturers is the E-Bike and E-Motorcycle. I saw a woman in a fairly hilly area (Belgium has hills!) loading her three kids and groceries into an electric cargo bike. That is one less 3-row SUV customer…

 

[Ford Motor Company]

Let’s break this down…
- Don’t look at me (Mach-E)
- I have no beans to spill..

A quick google for “Ford” and “Beans” led me to this article: https://corporate.ford.com/articles...alds-coffee-bean-car-parts-collaboration.html

I therefore surmise that the news is about the Mach-E getting 25% more range due to the new battery pack built with McDonalds Coffee.

You're really giving the Swifties a run for their money with this speculation, hey?

 

[Traconesu]

https://insideevs.com/news/767532/ford-ev-reveal-model-t-moment-august-11/

Ford reported an $800 million impact from the Trump administration’s tariffs in the second quarter, per its earnings deck released on Wednesday. But the biggest news from the report is that it will reveal more about its future electric vehicle plans next month.

“August 11 will be a big day for all of us at Ford,” CEO Jim Farley said on Wednesday during the automaker's second-quarter earnings call. “We will be in Kentucky to share more about our plans to design and build a breakthrough electric vehicle and a platform in the U.S."

“This is a Model T moment for us at Ford,” Farley said, referring to Ford's pioneering vehicle of the early 1900s. It was one of the earliest mass-produced, affordable cars and put America on wheels.

All ford has to do to avoid the tariff loss is to build in the USA which is the whole idea of the tariffs. We can't make America great again if unless we manufacture our own products.

 

[Traconesu]

I, personally, don't think they'll ever be a 'low-cost' EV... there are too many costs involved in producing ANY vehicle, much less an EV... and even defining 'low-cost' is problematic...

EVs and their infrastructure are not the same as gas vehicles, either - 100 years of infrastructure of gas stations, engine shops, and 'fast oil change' options have brought gas vehicles into an easy trend, and there is no need to 'plug in' at home...

EVs on the other hand, at least in order to produce the best 'low-cost' outcome, can have inherent issues for those needing to 'plug in' ... when they live in places where it's not easy to reach an outlet, when parked.
-Street parking is not going to make for an easy EV ownership, either.
-Apartment parking is also not typically set up for charging.
-Even those with 'homes' don't find installing a 240v outlet an easy or low-cost option.

It's not just the 'car', it's the environment needed to make it work best.

Tesla or Ford or anybody can mass produce 'cheap' EVs, but that in itself is a pie-in-the-sky mentality, at least from a profit standpoint.
Batteries are expensive.
Car building is expensive.
Those employees building cars also don't want low-cost wages.

There are also reasons why 'cheap' models from most every manufacturer aren't the best selling models, with few exceptions:
- Chevy Trax, starting at $20,500? ... how about the BOLT EV, no longer offered?
- Ford Escape, starting at $29,915? ... a hybrid, the Maverick, at $28,145?
- Kia Soul, starting at $20,490? ... a K4 sedan, at $24,990?
- Hyundai Venue, starting at $20,200? ... or the Kona, at $24,550?
- Honda Civic, $24,595?
- Toyota Corolla, $22,325?
- Nissan Versa @ $17,190? .... or Kicks, $21,520? or Sentra $21,590?
- Mazda 3 $25,150?
- VW Jetta $22,995?

There is also the element that many conversations easily overlook: we typically like big cars...
2024 Top Bestselling Vehicles:
Ford F-150
Toyota RAV4
Honda CR-V
Chevrolet Silverado
Tesla Model Y

As robotics continue to improve the USA will be able to compete with labor costs of other countries. Our countries labor costs have gotten out of control. Personally, I blame the unions greed.
In 1979 I was with International Harvester during their 6 month strike. All the workers understood that sales were down and would have been happy to avoid a strike and accept benefits over wage increases but it was the union that forced us to remain on strike for higher wages. This eventually resulted in the end of International Harvester. We never did recoup the lost 6 months wage loss.
Our minimum wage in America is much higher than it should ever be.
As it increases so does the prices of everything that we purchase. These increased prices fall on all consumers which pretty much eliminate the increase in the minimum wage.

 

[Traconesu]

Low cost also inherently implies low profit. I can't believe Ford is going to put many eggs in that basket. Of course, low cost is relative over time. Today's low cost is not our parents' low cost. My Lightning truck cost 3.5 times as much as my first house.

I personally put the blame for high costs on unions. I'm not anti unions but the unions greed for higher wages resulted in our manufacturing moving to countries with lower labor costs.
Every time our minimum wage increases the companies pass those cost on to their consumers. This increases the cost of living for all of us, which not only eliminates the minimum wage increase but increases the price of the cost to manufacture the products which forces our manufacturers to leave our country.

 

[MaintGrl]

Unions are the backbone of America, as with anything . . they can be good or bad!
Proud Retired Union Person here!

 

[ryun]

I personally put the blame for high costs on unions. I'm not anti unions but the unions greed for higher wages resulted in our manufacturing moving to countries with lower labor costs.
Every time our minimum wage increases the companies pass those cost on to their consumers. This increases the cost of living for all of us, which not only eliminates the minimum wage increase but increases the price of the cost to manufacture the products which forces our manufacturers to leave our country.

I appreciate you sharing your opinion on wage increases of labor being a factor in cost increases. I would like to encourage you to shift your thinking somewhat and recognize that CEO pay and executive pay has increased dramatically and should factor into your calculation as well. Looking just at CEO pay their take home increased over 1000% on average from 1978 (adjusting for inflation). Over the same time period a typical worker's take home increased by only 24%. Today, CEOs make almost 300 times the average worker. In 1965 that ratio was only 21-1. I think it's safe to assume similar but lower ratios for executives too.

Personally, I believe there is a tremendous amount of wealth hoarding in the upper class that is never going to trickle down. And companies would have moved towards automation and overseas manufacturing anyway. Increased domestic worker compensation is just a convenient scapegoat for those with much to convince people that they're justified in squeezing more out of those that have little.

 

[electricpig]

Another one that thinks they can pay workers nothing, and yet expects those workers to spend $100K ea on two vehcles, 500K on a house, 5x that on heathcare, etc and save for retirement with a million dollars and no debt. Then wonder why they have no market for their overpriced garbage.

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