Excellent points. I, like everyone else, have been very patient waiting for my Maverick understanding the supply chain issues. My issue with this last delay is simply communication. One of the hallmarks of good management of any situation is effective communication. Customers, employees...
Buying blue chips for the long term has always been a solid strategy, congratulations on your strategy. Though, over the last year, F has lost 20%. Since it's high of earlier this year it has lost over 50%. It will come back, but if they don't solve their customer satisfaction/communication...
My thought was that they would hold the cars wherever they off-load them and then have small crews of FMC employees work through them one at a time, hence the 3-4 weeks vs 15 minutes at a dealer.
Warren Buffett has recommended buying stock in companies whose products you use. About the same time I put in my Maverick Lariat order (June 2021), a stockbroker recommended Ford stock. While I thought the Maverick represented a home run, I was concerned about Ford's ability to execute...
If I understand the verbiage Ford used, this is definitely not a "roll-over" of the order. If the 2022 doesn't get built, you essentially have to put in a new order... at the new price. I hope Ford sees the wisdom in holding the 2022 price for those who waited so patiently. There will be...