Author Topic: What's The Future For America's Big Three Auto Companies?  (Read 2265 times)

Hypertrophy

  • Getbig V
  • *****
  • Posts: 6379
Re: What Is The Future For America's Big Three Auto Companies?
« Reply #25 on: October 26, 2020, 08:57:09 AM »

OlympiaGym

  • Getbig IV
  • ****
  • Posts: 2130
  • they/them/their
Re: What Is The Future For America's Big Three Auto Companies?
« Reply #26 on: November 07, 2021, 03:43:54 PM »

When GM and Chrysler went bankrupt they were able to write off a lot of debt.  Ford wasn't able to do that.  As a result Ford is the weakest financially right now and FCA is the strongest.

The credit ratings (Junk) and bond interest tell the whole story. 

The shareholders of GM and Chrysler were wiped out last time.  If you have Ford stock right now you haven't learned anything from the past.  Ford's CEO was fired recently for a reason.

I’m up about 150% percent in Ford. And Ford just reinstated its dividend. Glad I don’t look to Getbig for financial advice, or any other for that matter.

Dave D

  • Getbig V
  • *****
  • Posts: 17041
Re: What Is The Future For America's Big Three Auto Companies?
« Reply #27 on: November 07, 2021, 03:47:50 PM »
I’m up about 150% percent in Ford. And Ford just reinstated its dividend. Glad I don’t look to Getbig for financial advice, or any other for that matter.

lol

Mayday

  • Getbig IV
  • ****
  • Posts: 3004
Re: What's The Future For America's Big Three Auto Companies?
« Reply #28 on: November 09, 2021, 02:09:11 PM »
Given the man made energy crisis the only end game I see is personal electric vehicles which consume little energy.

In regards to mass transport option for plebs, I don’t see how large electric vehicles are a solution in the short term. The price is expensive and energy is getting more expensive, plebs cannot afford these.

I think we will see an explosion of electric bicycles and electric scooters. I have a 2500w electric scooter (standup type) that I take away on my mountain bike trips. I park in the hotel and rip around town on the scooter. Parking is no issue, I get 50km+ range on roughly $0.20 and it can do 70km/h which feels crazy sketchy  😂

My gut tells me local Car makers in the western world will begin producing these smaller types of vehicles locally. We have already seen motorcycle makers look into electric mountain biking, so perhaps the biggest threat to car manufacturers is motorcycle manufacturers?