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Ford sells mustang rights to TOYOTA

  • Thread starter Thread starter twanger1994
  • Start date Start date Jan 4, 2007
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twanger1994

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Jan 17, 2004
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Jan 4, 2007
#1
  • Jan 4, 2007
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Has anyone heard about ford. And them selling the rights to the mustang to toyota. My brothers father-in-law is a business lawyer and keeps up on corporate mergers and aqusitions and things like that. He says that with ford's financial troubles the company has sold the mustang to toyota in someway. Just wondering the actual story and whats going on
 

srothfuss

Last night I stabbed the same guy 7 times in a row
Oct 17, 2004
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Woodward Ave.
Jan 4, 2007
#2
  • Jan 4, 2007
  • #2
it'll never happen or never did happen
 

Schlitz-420

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Apr 25, 2006
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Jan 4, 2007
#3
  • Jan 4, 2007
  • #3
Insanity

Agreed......

Think of the obvious reasons why it would NEVER happen:

1. Toyota would have to pay Ford way too much to get a name that their customers still associate with junk.

2. Supra.............

3. The Mustang is the only car Ford is able to move and not offer rebates and deals on (i know they do but not on the cars most of us want).

4. Hardcore Mustang enthusiasts would never buy a Mustang made or owned by Toyota.
 
M

Makdaddymac

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Jan 4, 2007
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is Ford really suffering like im hearing.Like facing possible flop............???
 
W

Warlok

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Merger

I had heard that Ford was teaming up with Toyota, and I think thats true. But my guess is they would never turn over the Mustang to the Japanese to have there way with. I dont think its because Ford cares about us Mustang owners that much, as its just a money thing.

I mean, what other car in Fords corrall sells like the Mustang? Why would Ford cuts its own throat when sales suck so bad. I dont have any evidence to any of this, but everything is allways about money.
 

srothfuss

Last night I stabbed the same guy 7 times in a row
Oct 17, 2004
1,796
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Jan 4, 2007
#6
  • Jan 4, 2007
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Ford visited Toyota in Japan to learn about their manufacturing processes - not start an alliance...
 

CBus 06 GT

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Aug 29, 2006
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Jan 4, 2007
#7
  • Jan 4, 2007
  • #7
Makdaddymac said:
is Ford really suffering like im hearing.Like facing possible flop............???
Click to expand...

No. They are struggling for sure, but what hardly gets reported is that Ford is not in debt. They do have lots of debt, but the assets are greater than the debt owed. That's where you get into trouble. The equivalant would be to someone who owns a home with a mortgage. They have debt (gotta pay the mortgage) but as long as the house is worth more than the mortgage, they are not in debt. If I'm reading the most recent financials correctly, they have assets of $267 billion with a total liability of $258 billion. They are "mortgaged" out pretty far, but they are still a couple years away from being in trouble.

Back to the subject at hand, there's no freakin' way Ford sells out the Mustang name. The only way I see that happening is if Ford ceases to exist and the rights go up for sale in bankruptcy proceedings and that is not happening anytime soon.
 
F

FLY2kGT

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Apr 27, 2001
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Jan 4, 2007
#8
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The only thing I heard was that Ford and Toyota were possibly getting together to share technology/information. It's a pretty common practice and by no means does it mean they sold the Mustang name to Toyota.
 
C

CatmanJJ

Captain Tangnet
20+ Year Stangneter
Feb 5, 2002
4,379
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Jan 4, 2007
#9
  • Jan 4, 2007
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If they did that I'd sell my Stang pronto.
 
T

The Fang

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Sep 11, 2005
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Jan 4, 2007
#10
  • Jan 4, 2007
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LOL. How do you say mustang in japanese......muusang
 

srothfuss

Last night I stabbed the same guy 7 times in a row
Oct 17, 2004
1,796
3
0
Woodward Ave.
Jan 4, 2007
#11
  • Jan 4, 2007
  • #11
FLY2kGT said:
The only thing I heard was that Ford and Toyota were possibly getting together to share technology/information.
Click to expand...

The Media led us all down an incorrect path... I too thought this was true until I read a statement by Allen Mullay in the newspaper stating that he had only gone to Japan to learn about lean Manufactuing from the experts.

The Fang said:
LOL. How do you say mustang in japanese......muusang
Click to expand...

I thought it was VTAK
 

351CJ

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Dec 11, 2002
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Jan 4, 2007
#12
  • Jan 4, 2007
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Schlitz-420 said:
Agreed......

3. The Mustang is the only car Ford is able to move and not offer rebates and deals on (i know they do but not on the cars most of us want).
Click to expand...

Where have you been Rip Van Winkle? Ford has rebates on Mustangs, including the GT. There are rebates on both 2007 models AND left over 2006s that STILL have not sold, even though 2006 production ended 6 months ago.
 

351CJ

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Dec 11, 2002
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#13
  • Jan 4, 2007
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twanger1994 said:
Has anyone heard about ford. And them selling the rights to the mustang to toyota. My brothers father-in-law is a business lawyer and keeps up on corporate mergers and aqusitions and things like that. He says that with ford's financial troubles the company has sold the mustang to toyota in someway. Just wondering the actual story and whats going on
Click to expand...

Thanks for warning me to NEVER hire your brother's, father-in-law to represent me for anything, because he appears to have his info totally screwed up.
 

red05bullitgt

Member
Aug 15, 2005
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Pittsburgh, PA.
Jan 4, 2007
#14
  • Jan 4, 2007
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The day Ford sells the Mustang to the Japanese (Toyota) or whoever ?? will be the day both hell freezes over and Pigs fly...Just what in the hell was your brother's father in law smokin ? I'd much rather see Ford go under than sell out our beloved Stang over to anybody...So what's going to be the next practical joke ??? Humm I got it ? Ford merges with Daimler/Chrysler huh
 

Marine One

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Jan 28, 2004
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Jan 5, 2007
#15
  • Jan 5, 2007
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red05bullitgt said:
Just what in the hell was your brother's father in law smokin ?
Click to expand...

I had the exact same thought...
 

LV51FER

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Oct 25, 2005
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Jan 5, 2007
#16
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What nonsense. I laughed so hard, I fell out of my Nissan Camaro.
 

red05bullitgt

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Pittsburgh, PA.
Jan 5, 2007
#17
  • Jan 5, 2007
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That's exactly right, nonsense just like those rumors about the 4 door Mustang being a crock of BS
 

red05bullitgt

Member
Aug 15, 2005
861
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Pittsburgh, PA.
Jan 5, 2007
#18
  • Jan 5, 2007
  • #18
351CJ said:
Where have you been Rip Van Winkle? Ford has rebates on Mustangs, including the GT. There are rebates on both 2007 models AND left over 2006s that STILL have not sold, even though 2006 production ended 6 months ago.
Click to expand...
$1,000.00 cash back on 07 models and $1,500.00 on 06 models left over..:SNSign:
 

celticstanger

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Dec 21, 2004
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Jan 5, 2007
#19
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LV51FER said:
... I laughed so hard, I fell out of my Nissan Camaro.
Click to expand...

 

JTGrant

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Aug 2, 2005
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Jan 6, 2007
#20
  • Jan 6, 2007
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no way that would happen
 
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