Wednesday, July 03, 2024

the Ford CEO recently admitted that the company lost billions selling sedans in the U.S. – which is why it chose to discontinue them.

 So, now that the EV is clearly not a good idea to invest all the corporate future on, and Ford lost it's shirt on sedans, GM and Chrysler went bankrupt ... is it finally clear that Ford needs to revert to the winning formula it had for 6 decades until 1971? 

Inexpensive small 2 door cars (model t, T bird, Mustang) changed the world, and exerted Ford's dominance around the world. 

It's also how VW Beetles had 30 or 40 years of success

It's how Honda and Toyota shut down the American car market.

Does anyone not understand that the best selling cars in the world have always been the lest expensive? (Model T, VW Beetle)  

https://fordauthority.com/2024/07/ford-ceo-jim-farley-says-people-need-to-embrace-small-cars/#google_vignette

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