The auto news ran out this week with a piece titled “Why Ford will be very comfortable killing hybrids on the basis of plans to shift production to China,” – along with Ford’s statement will not be imported into the United States from China. The article mentions three reasons why Ford midsize cars are more likely to get tombstones than the next generation. The reasons given – the long-term for cross-over, fuel economy and car loans – make sense for us, one for us to wonder what might be, and one for us to wonder what would happen.
We also need to charge Fusion for the death toll. Ford is an accomplice, but not the only ax. Our commitment:
Now is the time to give up conditional time to a converging future, especially when Jim Hackett, the chief executive, says “I’m giving you a hint.” Blending the rear wheel in the gym, Bleeding 5W-20 into the sand as it was tagged Gladiator crossover and SUV debris while a public scared bleacher shopping grandstand shout “End!”
By the end of November traders had already sold 192,179 financings, a figure that was significantly and disappointing as it dropped 22% YoY. This year will be the third consecutive year of falling Fusion sales. Throughout the car sales area, not only blood, organs, limbs, and recovery experts, their endurance and hope have been exhausted. Among the top 30 best-selling cars on Nov. 10 are sedans, but those 10-year-olds have posted a year-on-year decline compared to the first 11 months of 2016 alone for Honda Civic and Nissan Altima.
So far this year, the new Toyota Camry lags 150,000 units. When the Ford Edge crossover is two-thirds of the number of convergences, the Ford Maverick has a whopping 100,000 units and you can see transaction prices skyrocketing in cross-markets? Hello margins (and Escape and Explorer) profit margins. By placing these numbers next to mass psychiatric illness known as “cross-disease,” we can understand why Ford will make the midsize sedan before the music stops and the lights come on.
This is fuel economy, stupid
In the newspaper, Hackett said: “History of the car and cross-border sales balance between the reasons, compared with the fuel, the more the customer’s preferences, so if you can get rid of fuel, You start to reduce the pressure on the kind of portfolio you have to have. “Or in other words,” He predicts consumers will not differentiate between pickups or SUVs and sedans, and selections will lose the sedan, except in the second sentence “He” did not mention Hackett, referring to Sergio Marchionne, CEO of Fiat Chrysler. In an interview in March 2016, Mark Marchionne gives a motor trend at the Geneva Motor Show.
Let’s talk about merging fuel economy. EPA evaluates 2018 all-wheel drive fusion with 2.0-liter EcoBoost in the city, merging 23 on Highway 29 29 and FuelEconomy.gov. Compare AWD Fusion with AWD Edge and use the same engine: Their combination is the same as a city mpg, but Fusion beat Edge 2 inches on the highway. These figures almost no change compared with the front-wheel drive. The U.S. Environmental Protection Agency said you will be using the same gas on the AWD model in five years compared to the average new car. Ford’s Web site does not list the curb weight of the AWD Fusion, but the FWD Fusion weighs 440 pounds less than the FWD edge. We assume a similar difference in the all-wheel version. In addition, Fusion has a drag coefficient of .275 and Edge’s drag coefficient can be interpreted as under “squoval.”
So let’s ask the obvious question about Fusion’s fuel economy: What happened? In a non-hybrid fusion is the best MPG can get 21 cities, 31 freeways. Toyota Camry or Honda Accord can do the worst is 22 cities, 32 highways; Central Camry access to 28 cities, 39 highways, mid-range Accord EX get 30 cities, 38 highways, if you choose a different decoration , You can use any one of these two models can do better. This does not mean that Toyota and Honda are becoming new, the former Camry and Accord are also fighting for the Fusion.
As Hackett and Marchionne say, Camry and Accord are doomed once the Toyota RAV4 and the Honda CR-V each reach a rough MPG equivalent. This may be true. But it looks as if it has been for generations, as Toyota and Honda seem to have figured out how to keep their lighter, younger cars from sailing.
Ford has clearly invested more engineers and money, rather than the efficiency of cars. However, when AN quoted Hackett as saying “to start cracking that code,” the sedan’s fuel-economy code was “to be in charge of the manager.” We can not say that the stellar MPG can save the convergence – for example, Chevrolet Malibu unveiled an integer MPG number but still soared in sales – but we wonder what Fusion will look like if Ford does not have a slice in it. Some time ago.
3. What price cross?
Michael Martinez wrote in an article: “Although the price of Fusion is still cheaper than the Escape or Edge divider, long-term loan conditions make the monthly payment difference for many buyers almost Obviously, there are worrisome lines, and our consumers have made carmakers and banks useful for us to buy bigger, heavier, craving, more expensive vehicles that look and feel like the ones we used to have Smaller, lighter, more fuel-efficient and cheaper cars, however, modern terms are not the same and consumers are worrying about downsizing to cater to them.
There has been a lot written about subprime loans. Jalopu Nick published a novel about Dickens so futile. Other commentators want to determine whether the super loan and the overloaded default should be considered a bubble, and if so, whether the bubble could do the same damage as the mortgage bubble.
In spite of this, we can still get rid of the worst forecasts and looting, and we will find staggering figures. Earlier this year, the average car loan time soared to a record high of 69.3 months. The average price of new cars rose to another record before 35,309 dollars. The average buyer-assisted car purchase of $ 30,945 is also a record. Average monthly $ 517, another record.
If you spend an average of $ 35,309 average $ 30,945 average seven-year average loan now, it will cost you about $ 4,000. With taxes and fees, the actual total cost of a vehicle exceeds $ 40,000.
Meanwhile, the median household income in 2016 was US $ 59,039 and the personal saving rate was around 3.2%, the lowest level since 2008. You remember the situation in 2008.
An AN story from March reports: “By February 2017, 33.8% of loans were 73-84 months.” As of the end of 2016, in six to seven years, “28.7% of new car loans were 84 month”. More records. 10% of used car loans for the 2010 model year need to run for 73 to 84 months. Seven-year car seven-year car loan? Yes. That’s how you got the message: “According to Edmunds.com, about 32% of all deals for new cars in the first nine months of 2016 were underwater.
Obviously, Fusion’s outcome is not good. And we can not blame Ford for the turbulent cross-prosperity (maybe the finance department and the gatekeeper, though …). But for now, it seems familiar to see the expensive fanaticism that led to Fusion’s death: we’ve over-inflated before. And it is hard to figure out that this will not be so bad either.