This will happen sooner rather than later. EV's are not profitable at prices customers want to pay for Ford vehicles. If Ford pushes for more profits the cost will be out of reach for more than 80% of the customers. The company is heading for failure.
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This non recession.
JUST KIDDING, TVM will save ford.
@1kke+1jKSPAKJ you talk about $32bn in cash. don't forget they borrowed their line of credit in 2020 COVID. Don't forget that a major portion of that is borrowed money.
Look at cash before and after COVID. Not so rosy picture. I wander how those battery plants are going?
Agree. Ford will fail.
@1yzy https://knowyourmeme.com/photos/2403577-homelander-gets-applause-homelander-laughing
HAHAHHA, great comments, but Ford will never file bankruptcy, the family would loose it all - why u think they had Alan sell EVERYTHING! What is about to happen are more ' separations ' and ' retirements ' and ' special assignments.' Farley back stabbed, connived and brown nosed waaaaaay too long to have his chance at the top get bloodied. Everyone is walking on pins and needles, my guess late Q1 of 2023 and starting from LL4's and up they will be gone. DF is busy getting his buddies on board and needs to make room. Over 50? and over 20 years of service, really heart-breaking but you're all out, prepare now! Research orgs going to get hard as well. Design orgs also, say goodbye finally to the ' design thinking ' bs Hackett sold, useless when it comes to Farley's bottomline agenda. Remember nepotism is the norm at Ford, if you're not ' sponsored ' by an LL3 or going to be PEP'd and out. Good luck to all!
Not to worry about bankruptcy. Ford can always hire Sam Bankman-Fried as a new CEO. I hear he is looking for a new job and can deliver the same stellar results as the current Ford management team.
Ford filing for bankruptcy this morning in Federal court.
Looks like 2 to 4 years is the prediction here for ford bankruptcy timing.
Ford will be bankrupt by 2026
I would say 3 years max
Disgruntled Employee who didn’t get a severance. Get over it, Ford will be around for another 100 years, will you?
Ford is sitting on $32 Billion (with a B) dollars in cash. That should last a few years even at huge losses each year. They might need to file for bankruptcy in the future, but I would not expect it "soon".
Ford = corporate welfare
Remember Way Ford. Ford was not a smart savvy company who managed to avoid a government bailout. Ford failed before the US economy collapsed. Ford was forced to borrow money when credit was still cheap and they had to leverage their brand to get it.
ID: @oou+1jKSPAKJ So you are saying Ford is alive thanks to government welfare?
With the layoffs left and right nobody will be spending on cars . forget ev's
Nah. They got a bunch of incentives from the gov't for developing EVs. They're good for now.
I agree. Ford will be history soon.
Agree 100%