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Post by fordlapworker1993 on Apr 29, 2020 8:44:00 GMT -5
And you also have to think about this Ford is losing so much now because all of its factories are shutdown. The truck plants being down are costing Ford bigtime. Let's hope for best Thats the only thing saving them right now. They are losing money because the car lots are shut down, they can’t sell vehicles. The plants being down is saving them, zero labor cost, not buying parts, utilities cost are minimal now. Once the lots open is when you will see how serious all this really is, if the buyers step in we will have a quick recovery, if not the newbies are done. Stay safe people. Lots are still open in most states. They will bring it to your house for a test drive. Its pretty much all done online |
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Post by nra4life on Apr 29, 2020 9:02:02 GMT -5
Thats the only thing saving them right now. They are losing money because the car lots are shut down, they can’t sell vehicles. The plants being down is saving them, zero labor cost, not buying parts, utilities cost are minimal now. Once the lots open is when you will see how serious all this really is, if the buyers step in we will have a quick recovery, if not the newbies are done. Stay safe people. Lots are still open in most states. They will bring it to your house for a test drive. Its pretty much all done online They can spin it how they want, simply look at the sales numbers. Open or not people aren’t going to lots, and only a crazy person would buy a $70k car online and have it delivered to their house. Maybe the younger generation would but that generation don’t purchase new vehicles. When the stay at home orders are lifted and the lots reopen we will know within a few weeks how bad it will be. If huge incentives start to lure people into the dealerships get ready to buckle up for a rough ride. Stay safe people |
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Post by Ex-metalman on Apr 29, 2020 9:36:05 GMT -5
^^^^Agree.I see people keeping and repairing their cars more.This shit has scared the most savvy investors!I just don’t see people flocking to a car lot to buy a car or small SUV.Now our trucks will survive on fleet sales and the same people that have always bought them(rich business owners and farmers,etc)Hell it will take years for us to recover.
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