• CloutAtlas [he/him]@hexbear.net
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    6 months ago

    Ford is pumping out cars that cost more than Chinese cars. A Chinese BYD or MG of similar specs to a Ford E-Mustang is literally half the price

    Edit to add: they’re somehow producing cars at a loss while China is producing the same cars at a profit for half the price

      • CloutAtlas [he/him]@hexbear.net
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        6 months ago

        Although the real reason is probably doing it on purpose for tax purposes (for the non-EV Ford cars) while simultaneously eating up government carbon credits for producing “green” vehicles. The extra money is passed directly onto executives and shareholders.

        Or it was the plan if they could actually move their cars.

    • SuperZutsuki [they/them]@hexbear.net
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      6 months ago

      They’re producing at a loss because of executive/admin pay, stock buybacks, contracting out work for parts instead of doing it in-house; typical capitalist nonsense.