While Ford

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While Ford

Post by Admin on Sun Sep 15, 2013 1:58 am

2013 2013 2013 Stocks: (F)(GM)(TM)(HMC)<br /><br />Ford is boasting that it will <a href="http://today.reuters.com/news/articlebusiness.aspx?type=ousiv&storyID=2006-11-17T101746Z_01_T77787_RTRIDST_0_BUSINESSPRO-AUTOS-CHINA-FORD-DC.XML&amp;from=business">double sales in China</a>, over and over again. But, the No. 2 car company in the US only sells about 100,000 cars in the big Asian nation. Rival GM will sell over <a href="http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-11-16T114645Z_01_PEK113216_RTRIDST_0_AUTOSHOW-CHINA-GM.XML&amp;rpc=66&amp;type=qcna">850,000 cars</a> there this year.<br /><br />Ford is still being bloodied in it home market, so the talk of China gains is whistling past the graveyard. Over the last decade, Ford's US share has dropped from <a href="http://news.enquirer.com/apps/pbcs.dll/article?AID=/20061105/BIZ01/611050353/1076/BIZ">25.8% to 18.3%</a>. During the same timeframe, Toyota's market share has rise from 13.3% from 7.4%. Honda's has risen from 5.4% to 8.6%.<br /><br />Ford has actually predicted its US share will drop <a href="http://www.consumeraffairs.com/news04/2006/10/ford_crossovers.html">as low as 14%</a>. Its $5 billion in annual cost cuts may bring North American operations to the point where they are cashflow positive, but that is a long way off. And, there is no guarantee that the company's forecast of a 14% bottom is accurate. Ford could hardly have predicted its current sales when it had almost 26% of its home market.<br /><br />Ford management needs to shut-up about China. The company not be around to enjoy it progress there.<br /><br />Douglas A. McIntyre can be reached at <a href="mailto:douglasamcintyre@247wallst.com">douglasamcintyre@247wallst.com</a>. He does not own securities in companies that he writes about.<br> 2013 2013 2013 <br>Stocks: (F)(GM)(TM)(HMC)<br /><br />Ford is boasting that it will <a href="http://today.reuters.com/news/articlebusiness.aspx?type=ousiv&storyID=2006-11-17T101746Z_01_T77787_RTRIDST_0_BUSINESSPRO-AUTOS-CHINA-FORD-DC.XML&amp;from=business">double sales in China</a>, over and over again. But, the No. 2 car company in the US only sells about 100,000 cars in the big Asian nation. Rival GM will sell over <a href="http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-11-16T114645Z_01_PEK113216_RTRIDST_0_AUTOSHOW-CHINA-GM.XML&amp;rpc=66&amp;type=qcna">850,000 cars</a> there this year.<br /><br />Ford is still being bloodied in it home market, so the talk of China gains is whistling past the graveyard. Over the last decade, Ford's US share has dropped from <a href="http://news.enquirer.com/apps/pbcs.dll/article?AID=/20061105/BIZ01/611050353/1076/BIZ">25.8% to 18.3%</a>. During the same timeframe, Toyota's market share has rise from 13.3% from 7.4%. Honda's has risen from 5.4% to 8.6%.<br /><br />Ford has actually predicted its US share will drop <a href="http://www.consumeraffairs.com/news04/2006/10/ford_crossovers.html">as low as 14%</a>. Its $5 billion in annual cost cuts may bring North American operations to the point where they are cashflow positive, but that is a long way off. And, there is no guarantee that the company's forecast of a 14% bottom is accurate. Ford could hardly have predicted its current sales when it had almost 26% of its home market.<br /><br />Ford management needs to shut-up about China. The company not be around to enjoy it progress there.<br /><br />Douglas A. McIntyre can be reached at <a href="mailto:douglasamcintyre@247wallst.com">douglasamcintyre@247wallst.com</a>. He does not own securities in companies that he writes about.<br>2013 2013 2013 <br> <a href="http://www.matrixar.com/" title="Matrix ">المصفوفة : أجمل الخلفيات والصور</a>

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