How Ford burned $12B in Brazil (2021)

(reuters.com)

32 points | by kaycebasques 11 hours ago

3 comments

  • cladopa 1 hour ago
    It must be said: Mr Ford created way more wealth in the world than what it destroyed.

    For example, the Japanese discovered that importing Ford cars from Japan was cheaper that manufacturing those in Japan, including all the shipping cost.

    The same happened in Russia, Germany and most places of the West world.

    The new manufacturing method was a revolution that have generated trillions.

    • ProAm 49 minutes ago
      Still a wild antisemitic so.... money isn't everything.
      • elorant 15 minutes ago
        I don’t understand why you’re downvoted. Hitler considered him an inspiration and praised him in Mein Kampf. Ford funded and published “The Dearborn Independent” which was a newspaper full of libel against Jews. Sure he was a visionary industrialist, but also a vile human being.
  • SPascareli13 30 minutes ago
    Interesting aside, BYD (Chinese EV automaker) has took over production in the old Ford factory in Camaçari.
  • dmoo 1 hour ago