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Razorbak86

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Delli555

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So, even with the 2 week shutdown, they produced over 1000 Bronco's in May. I guess that's something.
Yes, but none of those are for customers and that might only be like 1/3 of all the ones needed for dealership models, so that would put them at a couple of weeks behind schedule since they originally said would be ready to produce customer orders starting the first week in June.
 

vrtical

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The only thing left on the lots were SUVs
 

Theherofails

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Good for them, because Ford is saying many dealerships will be out of cars this month and it'll last a while. My current dealer is trying to find some way to keep its sales staff employed despite not having any decent vehicles for sale. They are only surviving due to the used market.
 

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AcesandEights

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Yep, if they double production they'll have all the dealer mannequins done by the end of June!
 

Bronco4lyfe85

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So, even with the 2 week shutdown, they produced over 1000 Bronco's in May. I guess that's something.
All mannequins I assume! At this rate we might see 5K made in 21’!
 
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Razorbak86

Razorbak86

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No, Ford Isn't a Meme Stock. Two Reasons Shares Are Soaring. -- Barrons.com
BY Dow Jones & Company, Inc.
— 5:36 PM ET 06/03/2021
Al Root

Shares of Ford Motor ( F ) raced higher again on Thursday but the car company hasn't become a meme stock. Two positive data points illustrate how much is going right these days.

Shares were up 7.7% in late trading to $16.04, while the Dow Jones Industrial Average and S&P 500 had both fallen. Ford stock closed at $15.99, up 7.2%.
For starters, Ford launched a compact pickup truck called the Maverick, calling it "the vehicle you didn't see coming" in Thursday ads that promise more details in about a week. The company has a point: Investors didn't see the launch coming.

The second dose of good news came from May delivery statistics, also released Thursday. Sales of electrified vehicles, a category that includes hybrids, grew 184% year over year. The all-electric Mustang Mach E and the hybrid F- 150 led the way.

Ford delivered 1,945 Mach E vehicles and 2,852 hybrid F-150s. Total U.S. truck sales came in at 75,665 units. Ford's total sales came in at 161,725 vehicles, up about 4% compared with May 2020.

With Thursday's gains, Ford stock is now up more than 80% year to date and up more than 140% over the past 12 months. Thursday trading also represents a new intraday 52-week high. Shares are up more than 160% from an intraday 52- week low of $5.74 hit in July.

Barron's recently wrote positively about Ford stock, saying new management could reinvigorate product development and improve profit margins. Since that article appeared in November, shares are up about 76%. We didn't see things happening so rapidly, but new CEO Jim Farley is moving fast, introducing products such as Maverick, and pushing his company into EVs.

Investors are reacting to his speed.

Write to Al Root at [email protected]

(END) Dow Jones Newswires
06-03-21 1736ET
Copyright (c) 2021 Dow Jones & Company, Inc.
 
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North7

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No, Ford Isn't a Meme Stock. Two Reasons Shares Are Soaring. -- Barrons.com
BY Dow Jones & Company, Inc.
— 5:36 PM ET 06/03/2021
Al Root

Shares of Ford Motor Company (NYSE:F) raced higher again on Thursday but the car company hasn't become a meme stock. Two positive data points illustrate how much is going right these days.

Shares were up 7.7% in late trading to $16.04, while the Dow Jones Industrial Average and S&P 500 had both fallen. Ford stock closed at $15.99, up 7.2%.
For starters, Ford launched a compact pickup truck called the Maverick, calling it "the vehicle you didn't see coming" in Thursday ads that promise more details in about a week. The company has a point: Investors didn't see the launch coming.

The second dose of good news came from May delivery statistics, also released Thursday. Sales of electrified vehicles, a category that includes hybrids, grew 184% year over year. The all-electric Mustang Mach E and the hybrid F- 150 led the way.

Ford delivered 1,945 Mach E vehicles and 2,852 hybrid F-150s. Total U.S. truck sales came in at 75,665 units. Ford's total sales came in at 161,725 vehicles, up about 4% compared with May 2020.

With Thursday's gains, Ford stock is now up more than 80% year to date and up more than 140% over the past 12 months. Thursday trading also represents a new intraday 52-week high. Shares are up more than 160% from an intraday 52- week low of $5.74 hit in July.

Barron's recently wrote positively about Ford stock, saying new management could reinvigorate product development and improve profit margins. Since that article appeared in November, shares are up about 76%. We didn't see things happening so rapidly, but new CEO Jim Farley is moving fast, introducing products such as Maverick, and pushing his company into EVs.

Investors are reacting to his speed.

Write to Al Root at [email protected]

(END) Dow Jones Newswires
06-03-21 1736ET
Copyright (c) 2021 Dow Jones & Company, Inc.
Good article, but do these news people really think a new CEO pops open a spigot and new models crank out in 6-8 months. :ROFLMAO:
 

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Bronco4lyfe85

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Nice! Before May I was roughly 100,057th in line and after May and all the news i’m now roughly 124,099 in line.

Moving on up!
 

j_marinelli

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Curious to see if the more Mach E Mustangs are produced then regular Mustangs by the end of the year.
 

Tricky Dick

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So if those 1069 are considered production models, they should be sellable after the OKTB and eventually make it to somebody's driveway? Assuming they will be mannequins first.
 

JaxGtc

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Yep, if they double production they'll have all the dealer mannequins done by the end of June!
That is probably why most of the customer build dates have slid into July. If they can ramp up in August, they may wind up with a decent crop of MY21s.
 

YTFORD

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Anyone else heard Ford is only going to be able to make 20% of the Broncos it initially planned on making in 2021?
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