Ford raise car prices

They have little choice. Given that most cars are bought on finance deals, an extra £1,000 isn't likely to deter any potential buyers.

And Ford need the extra money.
 
Ford imports cars: the pound’s weakness against the euro = price rise.

Canon and ICOM have already increased their prices because of currency weakness.
 
Well thats the main problem we face now.

We've spent the last ten or so years inventing money and basing our economy on this imaginary wealth mountain, and now we manufacture nothing. So can't fight our way back to a strong pound.

We're screwed.
 
Exchange rates... a lot of the parts in Ford and Vauxhall/GM cars are imported from the USA.

Same reason prices of computer/electrical kit is rising. The pound is stupidly weak compared to the USD and Japanese Yen.
 
I don't see the problem here. The £ is worth a lot less than it was a year ago.
 
simulatorman said:
Ford imports cars: the pound’s weakness against the euro = price rise.

Canon and ICOM have already increased their prices because of currency weakness.
Click to expand...

Ford make cars in the UK - ever been to Dagenham? :p I guess they import a lot of the raw materials though hence this price rise.
 
platypus said:
Good economy (the european models), cheap spare parts, good reliability. Whats not to like for an a-b car?

Heck the Focus TDI's even have decent acceleration.
Click to expand...

I do like the Focus Zetec TDI; drove one on a business trip last year, and was quite impressed. But when push comes to shove, I'd rather buy Japanese. Similar price, with superior build quality and greater reliability.
 
scorza said:
Ford make cars in the UK - ever been to Dagenham? :p I guess they import a lot of the raw materials though hence this price rise.
Click to expand...
I'm not questioning what you have stated above, but it raises other important questions in my mind.

We've been told 800,000 jobs in the UK are reliant on the car industry and hence the need for a government bail out. I believe the vast majority of these companies (if not all of them) are foreign and have received bail outs or are due to receive bail outs from countries where they are domiciled. In this thread it would appear that many of these cars aren't even made here. Do we really have 800,000 people reliant on this sector? Was a bail out really necessary? Will the bail out achieve anything at all if they don't sell?

Furthermore, if the £ is as weak as it is, and we have car component manufacturers here along with manufacturers themselves, why are we not reading headlines that tell us about how well they're doing (or will be doing when things pick up) in the export market?
 
I looked at those car parks full of cars and I was thinking they should be paying us to take their cars off them! Or at the very least knock the prices down.
 
i know nothing said:
I'm not questioning what you have stated above, but it raises other important questions in my mind.

We've been told 800,000 jobs in the UK are reliant on the car industry and hence the need for a government bail out. I believe the vast majority of these companies (if not all of them) are foreign and have received bail outs or are due to receive bail outs from countries where they are domiciled. In this thread it would appear that many of these cars aren't even made here. Do we really have 800,000 people reliant on this sector? Was a bail out really necessary? Will the bail out achieve anything at all if they don't sell?

Furthermore, if the £ is as weak as it is, and we have car component manufacturers here along with manufacturers themselves, why are we not reading headlines that tell us about how well they're doing (or will be doing when things pick up) in the export market?
Click to expand...

The motor companies might be getting bailed out by their governments, but it won't be a bail out of that company's UK operations. The USA government isn't going to bail out production in Dagenham, they are going to look after Detroit. I guess Ford Europe have told the UK government if they want production to continue in Dagenham it will be up to them to do a similar bail-out. I don't know if we have 800k people working in the car industry or not, I assume that whatever figures the government release will be accurate though - why would they lie about it? They'd much prefer not to have to bail out the motor industry in this country I imagine.

As platypus has said, I guess now isn't the time to be buying new cars, and that is the same around the world. British exports in other industries are doing quite reasonably well - for example the makers of those Brompton cycles, although they are small fry.
 
If these car makers didnt continuously roll cars off the production line they wouldnt be in such a mess as they are now.

They build way way way more than they sell.
 
scorza said:
The motor companies might be getting bailed out by their governments, but it won't be a bail out of that company's UK operations. The USA government isn't going to bail out production in Dagenham, they are going to look after Detroit. I guess Ford Europe have told the UK government if they want production to continue in Dagenham it will be up to them to do a similar bail-out. I don't know if we have 800k people working in the car industry or not, I assume that whatever figures the government release will be accurate though - why would they lie about it? They'd much prefer not to have to bail out the motor industry in this country I imagine.

As platypus has said, I guess now isn't the time to be buying new cars, and that is the same around the world. British exports in other industries are doing quite reasonably well - for example the makers of those Brompton cycles, although they are small fry.
Click to expand...
Well not quite. The US bailout thus far is a loan, there are no conditions attached to that loan that states that Chrysler, Ford or GM can't use that money for operations outside of the US. In any event, they've got just 2 of the 3 remaining months left before that loan is called.

But that's neither here nor there considering that the UK taxpayer is expected to bankroll these people whilst they make cars that no ones wants to buy and they have huge stocks of unsold cars. During all of this we learn that these companies are closing plants and laying people off. Now they raise their prices? It beggars belief. What the hell is the taxpayer paying for?:confused:
 
You must log in or register to reply here.
Back
Top Bottom