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Discussion Starter #1
I've read conflicting reports today.


Ford’s launches of three important new models – the redesigned F-150 pickup, all-new electric Mustang Mach-E and revived Bronco sport-utility vehicle – will be set back by roughly the amount of time its plants have been idle.

The automaker, which plans to restart North American production May 18, badly needs the profits the vehicles will generate to bounce back from what it predicts will be a US$5-billion operating loss this quarter.

Ford is doing what it can to minimize the lag caused by its plants being inactive for about two months. Each model had been scheduled to go into production by year’s end, with first sales of the Bronco expected in early 2021.

“We’re not going to do any additional delay to these launches beyond the impact of COVID-19 as a mechanism to conserve cash,” Hau Thai-Tang, Ford’s head of product development and purchasing, said Friday at a Bank of America analysts’ conference.

“Given our inability to work in the assembly plants during the shelter-in-place restrictions, it will have an impact to program timing, in terms of the launches. But we expect the launch delays to be commensurate with the duration of the shutdown period.”
 

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Yes but European reservation holders are hearing late November-December and Ford’s Director of Icons said definitely before the end of the year.
 

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Yes but European reservation holders are hearing late November-December and Ford’s Director of Icons said definitely before the end of the year.
So to be fair, Ford never gave a date. They just said this year. So even if it's delayed, we don't really know the impact. And we probably all expected Nov-ish timeline anyway.
 

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The delay is expected and understandable with the current world crisis. Had things been business-as-usual and they missed a production date by more that one or two weeks, that would not have been received well by customers and investors.
I rather Ford not rush things to ensure proper testing and quality controls are in place. I want to have many years of worry-free driving.
 

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Ford suppliers might be one less issue we have to worry about in the future:

General Motors and Ford Motor are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic.
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The programs pay suppliers up front for bills that typically take 40 to 60 days to settle. For many suppliers, checks for the last work done prior to the shutdown of North American auto plants arrived earlier this month, and no new payments would land until July or August.
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Ford launched its program late last week, initially with a small group of suppliers that ship to its U.S. plants with the intent of expanding more broadly in the future, spokeswoman Jennifer Flake said.

Ford is working with London-based Greensill, which provides working capital finance for businesses globally, and financial technology company C2FO, she said. Greensill declined to comment.

 
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