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Ford was founded in 1903. It’s 115 years old. They seem to be doing okay so far...
by gottabkidding 9y ago
Ford was founded in 1903. It’s 115 years old. They seem to be doing okay so far...
- some_random 9y agoDevil's advocate; Past performance doesn't necessarily correspond to future success. Typewriter manufacturers were still doing pretty well in 1960. That said, IBM certainly did well in that particular transition.
- nopriorarrests 9y agoIn auto industry, past performance matters a lot. You do not see new car companies popping up left and right, because profitable manufacturing at scale is insanely hard, and profit margins are not that great. So companies who acquired that knowledge tend to stick around. Unseating them is tricky, as Tesla M3 scale up illustrates.
- wellboy 9y agoOnly that they would have gone bankrupt if it hadn't been for the government in 2008 when it was around 105 years, next to a few other large car manufacturers.