FORD IS STRUGGLING IN 2021
JULY sales down -32% to 120,053 units
- Truck sales -31.8% in total and -37.7% in retail
- SUV sales -27% in total and -34.5% in retail
- Car sales totaled 4,365 units, down 74.5% in total and 78.7% in retail
fordauthority.com/2021/08/ford-m…
JULY sales down -32% to 120,053 units
- Truck sales -31.8% in total and -37.7% in retail
- SUV sales -27% in total and -34.5% in retail
- Car sales totaled 4,365 units, down 74.5% in total and 78.7% in retail
fordauthority.com/2021/08/ford-m…
AUGUST sales -33% to 124,176 units
- Truck sales -29.4% to 73,610 units
- SUV sales -25.3% to 48,197 units
- Car sales -86% to 2,369 units
fordauthority.com/2021/09/ford-m…
- Truck sales -29.4% to 73,610 units
- SUV sales -25.3% to 48,197 units
- Car sales -86% to 2,369 units
fordauthority.com/2021/09/ford-m…
2021 Q2 sales already showed a collapse to 764k units
- down from 1,062k in 2021 Q1
- 1,238k in 2020 Q4
- 1,178k in 2020 Q3
- down from 1,062k in 2021 Q1
- 1,238k in 2020 Q4
- 1,178k in 2020 Q3
And the 2020 Q2 Income Statement would have been negative without a questionable revaluation of balance sheet investments
Investment income was created through a +$1.2 billion unrealized gain
- of which +$902 million was measured by an option pricing model
- of which +$902 million was measured by an option pricing model
And Goodwill was increased by +$483 million, reflecting the excess prices paid for two acquisitions :
- one was an old maker of manual transmissions
- the other was a small Silicon Valley software developer with 30 employees and an EV fleet and charging management platform
- one was an old maker of manual transmissions
- the other was a small Silicon Valley software developer with 30 employees and an EV fleet and charging management platform
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