DumbleBum
:
almost as if a bunch of people bought a bunch of price inflated cars with absolutely bananas interest rates and find it cheaper to default on the junk they bought that they’re underwater on back in 2021 or something.
$Ford Motor (F.US)$PE 6.41 Div 6.41% at $9.36… mkv 10billion lower than GM… its absolutely a steal…
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Demon Town
OP
:
Remember, tariffs have nothing to do with Ford; they’ll simply pass the cost on to consumers. Those willing to pay $100K for an F-150 that costs $10K to produce won’t mind adding an extra 20%.
小熊维尼睡大觉
Demon Town
OP
:
Tariffs will be jointly borne by companies and consumers. A 25% tariff is already quite a lot. However, Steel is very cheap; currently, the price of Steel in China is 3,500 RMB per ton, and an Auto weighs about three tons. The Steel cost for each vehicle is around 0.01 million RMB, so a 25% tariff would increase costs by about 2,500 RMB, which is approximately 350 USD. For vehicles that cost tens of thousands of yuan, this is not a significant issue.
Bojosparks84 :
72571364 : kneel