F-150 plant closing for one week?
This is a little worrisome! In a fresh sign of pressure on U.S. automakers, Ford Motor on Monday said it will shut down production of its best-selling F-150 pickup truck for a week at a Kansas City ...
Forum Discussion
Counterpoint: I think it's good there are pro-actively managing inventory this way, instead of piling on so many incentives they would lose money on each truck. I'm a little worried that GM is headed down the incentive path, which is what got them in trouble last time!
I don't feel like the automotive slowdown is a bad sign either. It's really just a market correction, as the last couple years were bolstered by pent up demand from car buyers who stretched their old car's lives during the recession. And businesses too.
As for fuel prices - I think we're nearing the end of artificially cheap fuel, since Saudi Arabia has signaled they don't want to keep dumping oil on the market any longer. But, prices will only normalize, not sky-rocket like previous oil production slow-down, because domestic oil is now cheaper to extract, and production can be resumed as soon as they can get the workers back to work. This will improve employment in some regions.
I don't feel like the automotive slowdown is a bad sign either. It's really just a market correction, as the last couple years were bolstered by pent up demand from car buyers who stretched their old car's lives during the recession. And businesses too.
As for fuel prices - I think we're nearing the end of artificially cheap fuel, since Saudi Arabia has signaled they don't want to keep dumping oil on the market any longer. But, prices will only normalize, not sky-rocket like previous oil production slow-down, because domestic oil is now cheaper to extract, and production can be resumed as soon as they can get the workers back to work. This will improve employment in some regions.
