Good time to invest in G.M or Ford ?
02-18-2009, 08:06 AM
#1
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Good time to invest in G.M or Ford ? With stocks so low would now be the best time to take a chance ? I hate to admit it but I think ford is less risky. Opinions please
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Mrbowtie26
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Mrbowtie26
02-18-2009, 08:59 AM
#2
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a friend of mine put $10k in ford when they were at 1.01 a couple months ago. so as of right now he's up over $7k!! lol ...and i dont see ford going anywhere anytime soon! 
02-18-2009, 09:54 AM
#4
GM is schedual to kill Saturn, sell Saab and Hummer, and close approx 12 N. American plants.... to make them financially viable. Personally I think thats a bad business decision for a multitude of reasons but to get them trimmed down it will need to happen.
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02-18-2009, 12:12 PM
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Ford is a definite investment. Their overseas production is strong and their new One Ford initiative should bring more economical cars to the US to combat the Toyota/Honda passenger cars.
They're really only a few years away, and a few LARGE advertising campaigns, from rebounding and getting back in the business. They've had great reliability reviews on their new platforms and I can honestly say I'd consider buying a Ford new again.
They're really only a few years away, and a few LARGE advertising campaigns, from rebounding and getting back in the business. They've had great reliability reviews on their new platforms and I can honestly say I'd consider buying a Ford new again.
02-18-2009, 12:27 PM
#12
Unfortunately the lst 20 years of Deregulation + NAFTA has totally fucked the country, My T/A Built in Canada, and my Wife's HHR in Mexico, thats the BS part about it. It's not like the cost of buying has decreased even with inflation taken into consideration.
-End Rant
-End Rant
02-18-2009, 12:57 PM
#14
Restructuring is not a bad thing. GM has needed to stop that concept of painting a Orange 20 different colors and calling it a different thing. It is still an orange....
Going back to basics and caring about the Product, the Buyer, and the worker and not the GAD Damn stockholder will be a MUCH better book of business
Going back to basics and caring about the Product, the Buyer, and the worker and not the GAD Damn stockholder will be a MUCH better book of business
02-18-2009, 01:57 PM
#16
GM needs a good bankruptcy restructuring to kill off the UAW. union costs prohibit a company who makes a competitive product from being able to competitively price said product. Only problem is that now that the dummocrats run the show the unions will only become more powerful and America less competitive. the only thing the bailout does is prolong the inevitable. Funny how GM can turn a profit in other parts of the world where they do not have union strangulation.
02-18-2009, 02:13 PM
#17
GM needs a good bankruptcy restructuring to kill off the UAW. union costs prohibit a company who makes a competitive product from being able to competitively price said product. Only problem is that now that the dummocrats run the show the unions will only become more powerful and America less competitive. the only thing the bailout does is prolong the inevitable. Funny how GM can turn a profit in other parts of the world where they do not have union strangulation.
The largest expense is Labor, thats ANY company.
Not having a Union to protect the wages and benefits of hard working americans is a bad thing and there should be a compromise to still give a good living wage, and once the bulk of retirees pass away, labor cost will be controlled. It just not going to happen today (instantaniously).
Having a skilled worker, being payed a decent and financially viable wage, and keeping the jobs in America is really the priority and thats why I think it is a mistake to be sending the work outside, be it Austraila, Mexico, Canada, Russia, China etc etc.
Not starting a flame war, and frankly this is the last I am going to comment, but I worked for a Union for 10 years and I can definitly see the difference.
As with the investing, as long as the gov't is not taking formal vested intrest (i.e. AIG), then I would invest as well since they want the company to survive and if your paying 1-3$ per share, it has no where but to go up.
**Edit
Be aware, that newer employee's are not as highly compensated as the people before them have been, its the promises 40 yrs ago coupled with bad business decisions and WW2 reformations that make it where people retire are making more as a whole then the current active working force.
My union had to deal with the same issue, when contract negotiations come around, they make compromises, and to be honestly I didnt like it but to be competitve with other companies who do not allow unionization both sides sucked it up.
Last edited by BlackScreaminMachine; 02-18-2009 at 03:02 PM.
02-18-2009, 04:26 PM
#19
I would not take a chance on GM. I just read the other day that they (and Chrysler) are going to be looking for more money from the government soon. I don't see a way out for either of them.
Holy crap yes. And killing Saturn was the obvious first step. I don't really see the point of GMC either. The Japanese big three have the right idea: one brand for everyday cars, one for luxury cars (not counting Scion). Chevrolet and Cadillac. Keep a few of the better Pontiacs and Buicks and sell them as Chevys. Yes it would suck to see the Pontiac name die, but if it keeps GM alive...
I actually heard that labor only makes up 10% of the price of a car. And that is actually fairly high as manufactured goods go. Of course that refers to retail price, perhaps labor is a significantly different portion of company overhead.
I actually heard that labor only makes up 10% of the price of a car. And that is actually fairly high as manufactured goods go. Of course that refers to retail price, perhaps labor is a significantly different portion of company overhead.
02-18-2009, 06:35 PM
#20
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I invested in ford at 1.85 and i know it dropped but not worried...they will go back up...just gona take sum time...just remember...Ford is the only american motor company that did not take any money from the goverment