Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-28 days agoFormer 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 manufacturerswww.nytimes.comexternal-linkmessage-square291fedilinkarrow-up1724arrow-down115file-text
arrow-up1709arrow-down1external-linkFormer 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 manufacturerswww.nytimes.comDavriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-28 days agomessage-square291fedilinkfile-text
minus-squareTiger666@lemmy.calinkfedilinkEnglisharrow-up8arrow-down1·8 days agoFord was the only one not to take a buyout, FYI. Ford wouldn’t survive BYD either, though. Greed rules the Western world.
minus-squarewildbus8979@sh.itjust.workslinkfedilinkEnglisharrow-up10arrow-down1·8 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.
minus-squarepsycho_driver@lemmy.worldlinkfedilinkEnglisharrow-up3·8 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.
Ford was the only one not to take a buyout, FYI.
Ford wouldn’t survive BYD either, though.
Greed rules the Western world.
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.
Ford has been busy corporate decisioning itself into irrelevance for decades now. The only reason Ford is even still around is the F series.