I wonder if 150,000 isn't Ford's estimated order conversion as well. May still be 230,000 reservations and Ford is estimating 150,000 turn into orders.
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19 weeks to complete the first reservations is not bad. Even if they start full production March 1st they would be done by the end of June. Then continue until it is time to retool, I think is the first few weeks of July. Production on the 2022 starts August.Im not sure where I read this but.. 230.000 orders less 50% (i also ordered two) =115.000 units ordered at 1200 per day = 95 days of production. However in the big picture we have a long way to go until production starts. Sooo how many more orders will there be
Is he talking about Bronco6G.com? I think so!!Mike Levine knows the source of the 230k # ??
Or based on customer loyalty or someone willing to take ADM.probably at the dealer level - as in each dealer will get an allocation - then they choose who on their list gets it first.
MAYBE they choose biased on spec - let the people with the most expensive spec go to the top of the line.....
That's quite a change. I've seen a few articles online proclaiming 230k and quoting a Ford source. Perhaps Ford realized throwing a huge number like that out there will discourage a lot of people from reserving instead of building hype? At least at 150k, people may think there's still hope.On the earnings call they just said they had over 150k customers reserve one.
Ford certainly has computer programs capable of gathering this info and breaking it down to pretty much anything they need. You've got to figure they service millions of accounts every month, so something like finding the number of reservations and how many are placed on each account should be very simple.I wonder if 150,000 isn't Ford's estimated order conversion as well. May still be 230,000 reservations and Ford is estimating 150,000 turn into orders.
I agree with all of this. Very unlikely that Ford would share a number with analysts that includes duplicate within same household. In fact, I think there is almost no way they would do that, it’s clearly misleading. But duplicate orders can’t explain 80,000 difference.On the call the exact wording was that 150k customers placed a reservation. I wonder if 150k is the number of unique billing addresses / ford accounts that placed atleast 1 reservation and the 230k number is the total reservations. I highly doubt that many people have 2 reservations though.
Those article numbers originated from hereThat's quite a change. I've seen a few articles online proclaiming 230k and quoting a Ford source. Perhaps Ford realized throwing a huge number like that out there will discourage a lot of people from reserving instead of building hype? At least at 150k, people may think there's still hope.