"Candidly, the strength of our products and revenue have masked this dysfunctionality for a long time. It's not an excuse but it's our reality and we're dealing with it urgently.» ‘s about recalls. Story by
Phoebe Wall Howard
@phoebesaid
Detroit Free Press & USA Today autos reporter. Tips: phoward@freepress.com or 313-618-1034. Alum
Phoebe Wall Howard’s Tweets
For the win: No better spox for a #SuperBowl ad (or any ad for anything anytime) than (Daughter Sosie is a bonus). Well done,
parade.com/.amp/tv/kevin-
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This is what’s happening at behind the scenes, a strategy that will one day be the blueprint — for success or failure — for the automaker founded in 1903, as it transitions to electric vehicles
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"Our balance sheet remains strong, and we ended the year with $32 billion of cash and $48 billion in liquidity. Provides us with ample flexibility.» CFO John Lawler at @Ford. Story by @phoebesaid
Show this thread
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«The real driver of our future profitability on Model e is the second-cycle products. (…) We didn’t know that our wiring harness for Mach-E was 1.6 kilometers longer than it needed to be.» . Story by
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It’s cool when listeners write to say how much they enjoyed the show — thank you
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ICYMI: Drive an #EV? On the pod we talk to @phoebesaid about a rapidly changing EV market. And we get into how exactly EVs are going to pay for the roads with @MichiganWatch: bit.ly/3RtEvHe
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Highly recommend “The Climb” on — just insane.
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After seeing "Drive to Survive" clips of the series about drivers, managers and team owners — on and off the track — I'm hooked. Makes total sense the sport's popularity in the US has surged.
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People often dismiss the danger of defective Takata airbags. Note: These 2001-03 vehicles have a high possibility of inflators exploding and hurling shrapnel in a crash.
freep.com/story/money/ca via
Because people ask: I am not the interior designer Phoebe Howard. We're both blond, similar in age. But she has stores in FL, GA, NC. Her work is featured in & Southern Accents. She lives in Atlanta & Jacksonville. I was in CA, now MI.
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This is where CEO Jim Farley explains what he means by non-negotiable pricing on electric vehicles and the importance of an aerodynamicist in product development.
freep.com/story/money/ca via
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After releasing 2022 earnings that made headlines for failing to meet expectations, CEO reduced his performance bonus and that of senior managers. He did not cut $ for employees outside decision-making roles.
freep.com/story/money/ca via
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"Mary Barra has done a fantastic job of corralling all the dysfunction." ~ Bob Howard of Rogersville, Missouri
freep.com/story/money/ca via
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"The only thing holding back Bronco sales is their inability to build them." ~ John Russell 2/2/23
freep.com/story/money/ca via
Note ⤵️
to provide technical expertise including battery cell and electric motor technology, power unit control software and analytics. New rules in 2026 re: sustainability.
freep.com/story/money/ca via
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Where CEO lays it all on the line after disappointing earnings -- revealing how he plans to squeeze billions of $ from operations to compete with etc.
freep.com/story/money/ca via
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Drive an #EV? On the pod we talk to about a rapidly changing EV market. And we get into how exactly EVs are going to pay for the roads with :
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After 2022 earnings released, announced $12,750 profit-sharing checks for its hourly workers. to distribute $9,176 checks. All negotiated by .
Investors prefer profit-sharing to bonuses.
ICYMI:
freep.com/story/money/ca via
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"I think we're starting to get respect for the great products we have. (…) people are starting to understand the way we're thinking about our business. (…) we're getting credit for EVs. But the proof is all in the execution." Story by
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A listener in Ann Arbor wrote to says this segment hosted by re: Mustang Mach-E + + #EVs + price wars felt like a "fireside chat" and he learned a lot. 😉
Thank you for including me.
michiganradio.org/podcast/states
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Grateful for the amazing readers in Michigan and around the U.S. (and even UK, S. Africa, Australia, France) who write to us at The Detroit Free Press. We know our readers and they know us. They offer praise, insight and constructive criticism. #journalism
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When your husband knows earnings reporting is your least favorite (4 days) of the year. And he comes home with 2 dozen gorgeous white winter roses.
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The earnings report is less than ideal. Prices are higher than ever. Incentives are lower than ever. Still, chronic inefficiencies, production problems hurt the bottom line. CEO vows to improve.
freep.com/story/money/ca via
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➡️ hourly employees see an increase in their profit sharing checks based on 2022 profits in N. America.
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"The ride isn't as comfortable, it's super noisy whenever we took my cousins Up North and you needed to go to a chiropractor as soon as you got out of the car." ~ Aly DuBois on the family (and why she bought a Bronco)
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Grew up driving Jeeps and will always love them but recently had two car rental experiences - one in a Jeep and the other this new Bronco - and the Bronco was a far more pleasurable drive. Was very impressed with it.
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Just in
@Ford says its not ready to pop champagne yet.
But Dearborn is watching numbers closely.
Bronco vs. @Jeep (Wrangler) rocks on
freep.com/story/money/ca via @freep @freepautos @StellantisNA @iseecars @Autoline
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Just in ⤵️
says its not ready to pop champagne yet.
But Dearborn is watching numbers closely.
Bronco vs. (Wrangler) rocks on
freep.com/story/money/ca via
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EV pricing, supply chains, scale & software. This is indeed a complex business. #Ford. freep.com/story/money/ca via
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Update: archive is rapidly approaching its 1Mth download of incredible images from the vault, opened to the public 8 mos ago.
Source:
freep.com/story/money/ca via
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Hourly workers at get record profit sharing checks of $12,750 for 2022. For every $1B the company earns in N. America, workers get $1K.
Note: negotiated in its 2019 contract the removal of a $12K cap.
By
freep.com/story/money/ca via
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Just talked to a woman from Taylor who bought a 2014 Focus in 2017, has replaced her clutch 6x. The vehicle was in the shop from June-Nov 2022 and went back in after two weeks. Still there.
ICYMI:
freep.com/story/money/ca via
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Insurers concluding that even a mildly damaged with fewer than 10K miles isn't worth a $50K repair bill. So, is there a need for "so-called Right to Repair" laws that allow owners to do repairs?
caranddriver.com/news/a42709679 via
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This is what happens when automakers fail to comply with safety regulators: North America hit with $130M penalty.
jalopnik.com/volvo-group-or via
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Attention Explorer, Aviator and Corsair owners (and those who drive near them) ⤵️ #Recall
freep.com/story/money/ca via
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Culinary Specialist 2nd Class Matthew DeLuca and Boatswain’s Mate 2nd Class April Shelby of Detroit (on right) remove a mooring line aboard the USS Charleston, part of Destroyer Squadron 7, in the South China Sea on 1/25/23.
📷Daniel Serianni
Ford cuts Mach-E price to compete with Tesla, offers deal to recent buyers too.
"A key driver to the price cut involved corporate strategy related to passage of the Inflation Reduction Act and its incentive program for electric vehicle owners"
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The Mustang Mach-E price cut has inspired readers to go back read my experience with the SUV.
"I'm used to driving a Grand Cherokee ... I could have swapped my vehicle for the Mach-E in a heartbeat."
(ICYMI)
freep.com/story/money/ca via
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“Existing Mach-E customers awaiting delivery of their vehicle will automatically get the lower price and customers with a sale date after Jan. 1, 2023, who have already taken taken their vehicles home will also qualify for price reduction, Gjaja said.”
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Just in:
@Ford to @Tesla
** BRING IT **
freep.com/story/money/ca via @freep @freepautos @elonmusk @EVAdoptionTweet @VWGroup #pricecuts #Competition #EVs
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