And It Begins - Ford to Cut 10% of Workforce

[davewindsor]

As far as the vehicles being cutting edge, that means nothing if enough customers aren't buying them [[for whatever reasons).

They are buying them. If they weren't, Ford wouldn't be profitable. But, they are still very profitable.

Concerning the rest of your post, we're clearly at the start of a downturn, one that could be fairly severe if the trend in subprime auto loans, interest rates and oil prices is any sign. What's been going on the past couple of years [[as far as profitability and bonuses) shouldn't be used to extrapolate what is projected over the next couple of years.

Do you enjoy always making stuff up? Where's your proof that we're at start of a downturn? That's just your opinion and it's not even a good one.

What trend in subprime auto loans??

"We should note that they don't appear to be rising yet, at least not at the two automakers' financial units. GM Financial's [[worldwide) net credit losses were 1.9% of retail receivables in the first quarter, roughly flat year over year. Ford Credit's were even lower, at least in the U.S.: just 0.44%." https://www.fool.com/investing/2016/...an-auto-l.aspx

Interest rates and oil prices are still at an all time low. A barrel of oil is $48, so what are you talking about??

As for bonuses, they are an expense. It's relevant. Why can't you factor that in? It makes no sense. Why should it be excluded? Are you suggesting a union couldn't make a company unprofitable by making outrageous demands?