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Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish ·
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8 days ago

Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers

www.nytimes.com

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Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers

www.nytimes.com

Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish ·
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8 days ago
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  • Zwuzelmaus@feddit.org
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    8 days ago

    the most “innovative” thing you’ve managed to do in the last 20 years is rebrand Buick

    … then you simply have no excuse anymore to exist at all.

    • jubilationtcornpone@sh.itjust.works
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      8 days ago

      Well they wouldn’t if not for that hefty bailout by the American taxpayers that they got back in 2008.

      • Tiger666@lemmy.ca
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        8 days ago

        Ford was the only one not to take a buyout, FYI.

        Ford wouldn’t survive BYD either, though.

        Greed rules the Western world.

        • wildbus8979@sh.itjust.works
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          8 days ago

          In September 2009, Ford entered into an agreement with the Department of Energy and borrowed $5.9 billion

          https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/

          They still hadn’t paid it back in full in 2022.

        • psycho_driver@lemmy.world
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          8 days ago

          P.S. Actually the average american would be benefited from that

          Ford has been busy corporate decisioning itself into irrelevance for decades now. The only reason Ford is even still around is the F series.

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