AD #2405 – Ford Could Leave South America, Tesla to Boost Model 3 Production, Automakers Post Slight Sales Gain

August 2nd, 2018 at 11:54am

Runtime: 7:31

0:30 Ford Shops Its South American Unit
1:15 Magneti Marelli Buys Autonomous Tech Company
1:56 Toyota Details Electrification Strategy
3:07 Faraday Future Completes 1st Body-in-White
3:43 Tesla to Boost Model 3 Production
4:18 New Tesla Update Includes Atari Games
5:14 July Sales Results

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11 Comments to “AD #2405 – Ford Could Leave South America, Tesla to Boost Model 3 Production, Automakers Post Slight Sales Gain”

  1. Kit Gerhart Says:

    It looks like Ford may want to be a niche car company, even more than FCA. If they leave South America, quit selling cars in the U.S., and and other “shrinkage” efforts, they will need to establish themselves to where the blue oval is worth and extra $5-10K, like a three pointed star or roundel.

  2. Lambo2015 Says:

    So rather than Ford having strong leadership that finds out why they are losing money in South America they are going to take the easy way route and just pull out of that market. Maybe ford just wants to provide mobility services and build trucks in the future cause it doesn’t seem like they’re interested in building cars anymore.

  3. Chuck Grenci Says:

    I think Ford and GM (earlier getting somewhat out of Europe) are trying to get healthy so they can react when necessary to move back in (if conditions provide opportunities). I don’t think there is any ‘give-up’ in their strategies.

  4. Kit Gerhart Says:

    I guess time will tell. Some car companies, like Toyota and VW want to remain big, and truly global. Some, like Mercedes-Benz are truly global, but less big. That works well, if you can get by with charging premium prices for everything you sell.

  5. Bob Wilson Says:

    My web link is to the SEC filing by Tesla for their Q2 earnings report. Anyone who hates Tesla should not read it. Elon is the ‘Spock’ of USA manufacturers and it is understandable if others are unenthusiastic about him and Tesla.

    I find it understandable that Ford and others are walking away from passenger cars in the USA. They are realize Tesla has punked them to the market.

    August 1, I drove to Manchester TN to test a VW, Electrify America, EV station which worked perfectly with our 2014 BMW i3 REx. But driving home, I realized that building an EV charging network is not the same as sustaining it. When the $2B build-out completes, who will keep them working, paying the electric bills, and adding more? . . . Not GM who already has claimed they won’t.

    It is Tesla and the SuperCharger network that has the legs to keep working. The others … green eye wash.

  6. Kit Gerhart Says:

    5 Interesting Tesla report. It sounds like the China plant will make both cars and batteries, which probably explains the $5B cost we discussed a day or two ago.

    I guess I’m still skeptical about using plug-in cars (not PEH) for long highway trips, regardless of SuperChargers, etc., but that’s just me. I tend to go 400+ miles without stopping, then stop for about 30 minutes for food and gas, and then continue. I’d be especially concerned that, with all of these Model 3′s, there would be backups at the charge stations. A model 3 would work well for 95% of my trips, though, if I had a place to plug in at my condo.

  7. Kit Gerhart Says:

    Ricciardo is going from Red Bull to Renault in F1. He must have confidence in Renault’s progress.

  8. XA351GT Says:

    Kit maybe he is trying to get away from the boat anchor Honda engines Red Bull will run next year, It is odd though considering how bad the reliability has been on the Renaults in the Red Bulls this season that he would think that a car that is consistently behind him ever race will be that much better next unless like I said it’s the Honda engines .

  9. Chuck Grenci Says:

    Everyone thought Hamilton was nuts to switch to M/B (but he must have known something); maybe something similar going on here. Currently on summer break; wonder what’s going on during the downtime……………….

  10. Kit Gerhart Says:

    8 I was thinking about the Honda engines, but figured it’s possible that Honda could make a lot of progress, maybe with a big injection of money from Red Bull.

    9 Yeah, it’s possible that Renault could be “back,” more as they were when Alonso won championships with them. I suspect Renault people are trying to figure out those reliability problems. That isn’t good for racing results, or for advertising purposes. Maybe Toyota should get back into F1. They are the best at hybrids, at least in compromises for fuel efficiency and reliability in road vehicles.

  11. joe Says:

    Tesla is no longer a niche player? I’ll believe that when they come out with the $35,000 Model 3. Tesla is always saying things to improve their image. That’s basically how they got such a fan base. The fans thinks Elon Musk is the Messiahs and can do no wrong. If other auto maker lied as Tesla does, it would find itself in deep trouble.