E.g. https://reason.com/2023/06/15/florida-doubles-down-on-anti-c....
So car companies couldn't build a rainy day cash fund or increase wages or pay bonuses(or pay dividends to shareholders). Dealer markups on some high demand vehicles are still insane, easily 10k to 20k+. I wish more car companies could sell directly like Tesla does(which is banned from selling in several states including Texas where they have a big new factory).
So there's obviously a demand for them at that price.
Sure, maybe Ford should be able to sell cars themselves if they want to. But they'd be selling them at the same price and pocketing that extra $10-$20k themselves, rather than letting the consumer keep it.
For the highest priced and shortest supply vehicles, yes, dealerships added huge "dealership fees"; automakers did quite well themselves. The bonuses (for salaried employees) and profit sharing (for hourly union workers) were good in the past few years.
Then the wait came, and with it, the price hike. I was expecting around $40k or so, all in. By the time I was able to place an order, I could only get a premium trim, and I would have had to pay beyond $75k, iirc. So I won't be buying a Ford anytime soon. Too bad.
And yet they're making a huge loss on each unit sold.
I didn't know Ford was also operating at a loss on their EV trucks as well.
There's nothing fresh. Same boring design. Throw in a cool marketing name "F-150 LiGhTnInG" and a battery pack and people think this is "innovation"?
What a joke.
People like electronic trucks, and people like the Ford F-150.
> There's nothing fresh. Same boring design.
It’s literally the top selling vehicle in America. Clearly people are OK with the design. But now it’s an electric truck.
> Throw in a cool marketing name "F-150 LiGhTnInG" and a battery pack and people think this is "innovation"?
I don’t think many people think it’s anything beyond an electric F-150. That’s enough for a whole lot of people.
Now I'm not saying the electric Lightning has anything SVT-like about it in its current form. In fact I had to take a vehicle of mine to a Ford service center (which I avoid at all cost) a few times over the last few weeks to work out a random transmission bug with them and I was surprised at the number of Mach-E and Lightning there for service. But the Lightning was a great pedigree from days gone by and it's unfortunate the vehicle of today isn't really what he originally stood for [0].
I'm not sold on Ford's current entrants into the EV space. I think there are much better options for the money. Ford also let dealerships full on rip people off when they were hard to get. That, in itself, is inexcusable and they should be held accountable.
[0] https://horsepowermemories.com/2014/08/09/1993-1995-and-1999...