Comment Re:Different worlds (Score 1) 504
The US has heavily invested in the auto industry, remember the bailouts a few years ago(2009)? Can't really blame the Chinese as they had not tried entered the US market at that time.
$80 billion between Bush and Obama from the US government to prevent Chrysler and GM from failing, and Chrysler still sold off to Fiat on 2014.
This was not the first time either, so the US heavily invests in the auto industry.
Unfortunately, they are charging more than most people can easily afford, unlike when Henry started Ford, he wanted his employees to be able to buy what they were building.
Even Ford's current boss was very impressed with the BYD EV he used for an extended period saying that the US auto indeustry can't compete with the quality and price. That's pretty telling, maybe look into making a higher quality more affordable vehicle by oh let's say reduce the pay of the big wigs.
Ford total compansation 2025:
Jim Farley(CEO): - $27.5 million
William Ford(Executive Chairman): ~$20.28 million
Alicia Boler Davis (President of Ford Pro): ~$18.97 million
Doug Field (Chief EV, Digital and Design Officer): ~$15.27 million
Sherry House (Chief Financial Officer): ~$8.38 million
Almost $100 million in the top five
Not saying they don't deserve just compensation but that is kinda absurd when you make that much and complain when someone starts squeezing you model.