Ford stock downgraded = improved Maverick chances???

[nwrbs]

Today Ford stock was downgraded to a sell:

Ford stock is now a ‘sell’ at UBS as an oversupply problem looms

Maybe an increased chance at the Maverick I ordered... Here are the highlights from the Market Watch article link above:

" Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to oversupply. "​

​

"“We think it will only take 3-6 months for the auto industry to end up in oversupply, which will put an abrupt end to a 3-year phase of unprecedented OEM [original equipment manufacturer] pricing power and margins,” Hummel wrote in a note to clients."​

​

" Hummel noted that Ford has already warned about having more vehicles in inventory than expected, and above payments to suppliers running about $1 billion higher than projected, so he sees little margin left for negative surprises in terms of fourth-quarter deliveries and supply costs. "​

What do you think?
Have the odds improved?
Will the dealer additional markups shrink?

Sponsored

 

[Clarkdonbran]

I believe Tyrone Davis said it best.

 

[New2AZ]

Not sure about how it'll affect Maverick builds, but if there's a big sell-off and stock price dips a bunch more, might be a good time to buy some of that!

 

[xlt-doug]

We are very far from an over supply. Car lots are empty and vehicles are selling for a premium. But what do I know,

 

[TedTX]

Buy buy buy they will sale out yr2024 in 3 days next year.

 

[icegradner]

Investors are saying that because they see a large scale recession coming, when it does a lot of people in line for a new vehicle will drop out due to job losses. Not so much over supply, as a drop in over all demand. That doesn't mean demand for individual vehicles will drop, just the over all market. If anything demand for lower price vehicles tends to increase as the economy gets tighter.

 

[TedTX]

We are very far from an over supply. Car lots are empty and vehicles are selling for a premium. But what do I know,

Nope was at a dealership today. Business as before Covid-19. lots full. saw a Jeep for 32K ( used?? ) also saw an Atlas Blue SUV parked next to my VB Maverick at service bay. Not a fan in person with equal amount of dust and dirt made Atlas blue looked dingy.

 

[LSchicago]

Let's hope less sales elsewhere helps Maverick production.

 

[pa-outdoorsman]

If demand for Mavericks craters in six months, I'll eat my shorts!

 

[Impetus19]

We are very far from an over supply. Car lots are empty and vehicles are selling for a premium. But what do I know,

If the fed keeps raising rates at 75 basis points a pop, it wont take long.

 

[Maverick2023]

someone is at it again. Just like they did with Gamestop. Spread the false news then wait for people to buy and then sell. To the moon goes Fomoco.

 

[xlt-doug]

We are very far from an over supply. Car lots are empty and vehicles are selling for a premium. But what do I know,

"Who you gonna believe, me or your lying eyes?"

 

[Impetus19]

Let's hope less sales elsewhere helps Maverick production.

I think this is the most likely scenario. If higher end vehicle demand craters, then it’s likely more resources can be allocated to in demand vehicles.

 

[fossil]

Nope was at a dealership today. Business as before Covid-19. lots full. saw a Jeep for 32K ( used?? ) also saw an Atlas Blue SUV parked next to my VB Maverick at service bay. Not a fan in person with equal amount of dust and dirt made Atlas blue looked dingy.

photos next time Ted, not sure anybody believes, You know Ecosports don't count right?

 

[icegradner]

photos next time Ted, not sure anybody believes, You know Ecosports don't count right?

In my dealerships case it was mostly F-250s sitting for months unsold. Everything else had a "pre-sold" hanger on the rear-view mirror.

Sponsored