But, even when gas prices were climbing, Ford made most of their profits on trucks. They kinda own the US truck market, making about a third of all trucks sold (as I recall, anyway), and more than any other make, by far. I don't know what it is in the international market, but I think Ford trucks are strong in a lot of other markets, too.
I don't know that you're wrong, but I am holding some F lately (mostly because it went on sale on disappointing earnings last quarter), so I kinda think that in the short term it's a good move. The writing has been on the wall for a while about this move, though it's more dramatic than I expected. I thought they'd drop to a lineup of four cars, instead of just two.
They have begun focusing on hybrid and electric drive trains for their trucks, and they already have probably the best economy option in pickups with the EcoBoost 6 cylinder that tows like a big V8 (an F150 with EcoBoost and tow package has a tow capacity similar to my older diesel F250), and gets car-like MPG. So, it's not that they're ignoring efficiency, it's just that they're acknowledging that American consumers like big-ass vehicles for their big asses to ride around in (I make fun of American consumer culture and its dumb choices, but I have an F250 for towing my house, so I'm included in that demographic).
So...it could play out like the 70s and early 80s did, but I'm not so sure it will. I think we're going to see car makers take a beating on other fronts, but I dunno exactly how it'll play out. Fewer young people are buying cars and more are opting for transit and Lyft/Uber. More young people are moving to cities where that's a feasible lifestyle choice. So, the pool of people buying cars is looking like it's gonna shrink. Cars are lasting longer, too, and quality has gotten pretty good across the board. So, cars made today might make it through to the end of car ownership as we know it. Again, I don't know how it'll change exactly, but it's looking like fleets of self-driving cars owned by Lyft/Uber/Tesla/GM/etc. are gonna replace a lot of current car ownership within the next decade.
One other point about trucks: People outside of cities buy trucks at a much higher rate. Vehicle ownership in rural areas is still very, very, high, by necessity, due to no mass transit and inconvenience and expense of ride sharing services when the trips are very long and far out. So, Ford may just be acknowledging that city driving by individuals is on the way out, while we have a few more years with a solid rural truck market.
I think that shows that gas price is a significant factor in car buying decisions.
(It also says some unflattering things about the rationality of buyers that they let short term price variations greatly influence buying an expensive item they will be using for years).
I don't know - at least for those without any specialist knowledge, retail fuel prices can likely best be approximated as a random walk, for which the best estimate of future value is the current value.
I'm in the market for an SUV or crew cab truck for weekend road trips (I walk to work) and have been impressed with the 2015+ F-150s. If I actually did commute every day I could just buy a 10 year old Honda or Toyota and have the best of both worlds.
Comparing an efficient truck to an inefficient car seems like an unfair comparison unless your goal is to justify buying the truck.
It's not hard to get EPA numbers on any car I've driven.
Also known as: isn't being paid-by-the-hour to make whatever trip he/she is making at the moment.
It's possible to get better fuel economy with a larger engine than a smaller one, since the larger one won't need to be flogged a lot to get the needed power. The old American cars with big V8s could get surprisingly high (20+mpg) mileage this way. Of course, the trick with a big powerful engine is to resist the temptation to use all that power all the time. ;-)
The Taurus is rated 18/27mpg, the similarly sized Honda Accord is rated 30/38. (though with less horsepower with a 4 cylinder than the Taurus's V6 -- but that's the problem with lax fuel economy standards, manufacturers will sell horsepower over mileage... until the next fuel crisis, then they'll whine that no one wants to buy their cars)
Something that is stupid though, is that I would prefer to use E85 in my mustang, but it would be illegal in california for me to modify the car to be able to do so. Bigger fuel injectors and a tune, costs about $500 to do, but nope, illegal.
If you were taxed by engine displacement and/or were paying $6/gallon for gas, you might make a different choice. And when most of the cars on the road were smaller, more fuel efficient cars, you wouldn't feel like you need to buy a big car for defense against the other large cars on the roads.
Now, you could go live in a cave, and it would reduce your consumption footprint more than if I drove a Kia. Yet you don't. Nobody does. Either we will figure out how to control climate change with world-scale engineering, or we will cease to exist as a species. My Mustang, my neighbors 7000lb hybrid truck (lol), they aren't going to make the difference. So yeah, I'm having fun while Rome burns. Probably going to drive the V6 up to mammoth for the weekend too, and the ski lift will consume energy to lift my fat ass to the top just so that I can slide down a hill going "wooohoooo".
I wonder if that's true? My household energy consumption is around 250KWh/month, which is around the amount of energy in 8 gallons of gasoline. My laptop can run for nearly 3 months on the amount of energy in a single gallon of gasoline.
Of course, the difference is that living in a cave is a huge difference in lifestyle, but is switching to smaller/lighter more energy efficient cars really a significant change in lifestyle? I've lied in countries where small cars are the norm, yet people seem to get by.
The only Taurus trim with the 3.5 Ecoboost is the SHO. It's rated at 16/22.
The Explorers are actually slightly BETTER at 17/24.
The SHO is a performance oriented model that has grippy (draggy) stock tires though.
But basically to your point - yes. Modern areodynamics have come a long way from the brick SUVs of the 70s.
It's true that the Taurus is a ridiculous fuel burner but to get the same fuel inefficiency out of the focus you have to move to the rs super hot hatch.
Bizarre.
The F150 is a huge and heavy vehicle. While the current model is more efficient than other recent models it is not an efficient car. Not remotely.
You're comparing 1,500 pounds to between 5,000 and 13,200... I don't think "not as much" quite captures it...
My brother in law has a 2.7 EcoBoost F-150 that's getting about the same gas mileage as I got in my old 2010 Mazda 3.... the Mazda isn't close to the most fuel efficient in its class, but the F150 isn't in that class at all.
Of course this is the problem when looking at the reliability of old cars, it says nothing about what the company is actually currently producing.
It's possible over time the smaller platforms will evolve and lose their compatibility. But it's not a guarantee.
In 2000:
Taurus sedan: 20/28
Taurus wagon: 19/27
F-150: 16/21
In 2018:
Escape SE: 23/30
Edge SE: 21/29
F-150: 20/26
There are (not all, for sure) crossovers and pickups today doing, fuel-wise, what sedans did when gas was $1 a gallon.
Note: I don't work for Ford, never have, no plans to. I don't own one, never have, but I do have plans to.
This is a real loss for the environment and cutting greenhouse gases.
You don't even have to go full electric -- If the average driver just switched to driving a plug-in hybrid and charged roughly nightly on a regular 120v US household outlet, you could erase ~75% of all emissions from personal vehicles nationwide, without changing anyone's commutes or driving patterns in any way. (Even if we still use dirty sources for the electricity during the switchover to renewable electricity)
Or you could buy a 2018 F-150 pickup truck with the fuel economy of a 20 year old sedan -- a fuel economy so low it's actually slightly below fleet average for all existing US cars driven today...
And my figure is based on the mpg computer - in every car I've ever calculated using actual gas put in vs the tripmeter, mileage is even less than the automatically calculated figure.
Gas prices crossed $1 around 1989-1990 and never crossed back, so your description doesn't match your vehicle comparison.
Putting higher octane fuel in an engine that isn't designed for it is just a waste because the engine won't develop more power with it (the whole point of higher octane).
In any case, I wouldn't trust even a modern engine computer to handle gas that is definitely too low in octane, because as far as I know, it's going to compensate after it detects pre-ignition, which is suboptimal.
The engine management system will compensate in milliseconds, so meh on that part.
Although they're rolling out a half-ton diesel F150 which will help a bit. Still I'd wager that most people who buy one rarely put it to use. The number of commuters in the city I see with F150s/1500s/etc is pretty staggering.
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