- Banned
- #16
The Ford CFO has to be pissed right now.
Added Costs for Ford due to holding so much inventory (feel free to add to my list)
- cost of borrowing due to lower cash flow for the company. (since they are losing their shirt on EV's)
- insuring the vehicles
- loss of sales due to higher interest rates
- loss of sales due to weather; winter will be coming soon enough
- securing the lots
- moving inventory around to holding areas
Not to mention, the higher payments for those who have orders as rates continue to rise
My possible conclusion:
- Maybe they are not 100% built and are awaiting a chip or software update.
Added Costs for Ford due to holding so much inventory (feel free to add to my list)
- cost of borrowing due to lower cash flow for the company. (since they are losing their shirt on EV's)
- insuring the vehicles
- loss of sales due to higher interest rates
- loss of sales due to weather; winter will be coming soon enough
- securing the lots
- moving inventory around to holding areas
Not to mention, the higher payments for those who have orders as rates continue to rise
My possible conclusion:
- Maybe they are not 100% built and are awaiting a chip or software update.
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