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CEO salaries for comparison: Jim Farley (Ford CEO): $26.5 million Mary Barra (GM CEO): $27.8 million Koji Sato (Toyota CEO): $3.88 million Atsushi Osaki (Su

CEO salaries for comparison: Jim Farley (Ford CEO): $26.5 million Mary Barra (GM CEO): $27.8 million Koji Sato (Toyota CEO): $3.88 million Atsushi Osaki (Subaru CEO): $1.05 million Makoto Uchida (Nissan CEO): $4.5 million No idea what the compensation for auto executives in China is, but probably even smaller than Japan's. Sources: https://www.bbc.com/worklife/article/20230925-uaw-auto-strike-why-us-automotive-ceos-make-more-than-global-competition https://www.bbc.com/worklife/article/20230925-uaw-auto-strik... https://www.automotivedive.com/news/gm-ceo-compensation-falls-2023/714558/ https://www.automotivedive.com/news/gm-ceo-compensation-fall... https://www.detroitnews.com/story/business/autos/ford/2024/03/29/ford-ceo-jim-farley-bill-ford-2023-compensation/73142609007/ https://www.detroitnews.com/story/business/autos/ford/2024/0...

toast0 2y ago
Taking just Ford, they sold 1,995,912 vehicles in 2023 [1]; assuming it's divided evenly across vehicles, CEO compensation adds $13.25 to the price of a Ford. Probably CEO compensation is less substantial for a BYD vehicle, but it's just not a large component of the cost. EDIT: Fixed the math, thanks mperham, I had $1.35 earlier. [1] https://media.ford.com/content/dam/fordmedia/North%20America/US/2024/01/04/Q4%202023%20Sales%20Final.pdf https://media.ford.com/content/dam/fordmedia/North%20America...
- JambalayaJimbo 2y ago
  What about the entire C suite?
- mperham 2y ago
  My math ($26.5m / 2m) says you're off by an order of magnitude: $13.25
- hengheng 2y ago
  $1.32 per car is a lot!
- GoToRO 2y ago
  Just FYI, they will choose a component that is 1 cent cheaper over the one that worked for years without any problems. They could give you an actual usable navigation but they don't want to spend 1 extra dollar for the controller.
ChadNauseam 2y ago
The OP said "Look at profits of legacy auto. It’s not the labor, they’re prioritizing profits over investment [...]". Are you arguing that this is incorrect by showing some examples of large labor expenses these US auto companies have? My understanding is that profits is what is left over to be paid to shareholders after they stop spending on employees/investment/opex/etc.

toast0 2y ago

Taking just Ford, they sold 1,995,912 vehicles in 2023 [1]; assuming it's divided evenly across vehicles, CEO compensation adds $13.25 to the price of a Ford. Probably CEO compensation is less substantial for a BYD vehicle, but it's just not a large component of the cost. EDIT: Fixed the math, thanks mperham, I had $1.35 earlier. [1] https://media.ford.com/content/dam/fordmedia/North%20America/US/2024/01/04/Q4%202023%20Sales%20Final.pdf https://media.ford.com/content/dam/fordmedia/North%20America...

JambalayaJimbo 2y ago
What about the entire C suite?
mperham 2y ago
My math ($26.5m / 2m) says you're off by an order of magnitude: $13.25
hengheng 2y ago
$1.32 per car is a lot!
GoToRO 2y ago
Just FYI, they will choose a component that is 1 cent cheaper over the one that worked for years without any problems. They could give you an actual usable navigation but they don't want to spend 1 extra dollar for the controller.

ChadNauseam 2y ago

The OP said "Look at profits of legacy auto. It’s not the labor, they’re prioritizing profits over investment [...]". Are you arguing that this is incorrect by showing some examples of large labor expenses these US auto companies have? My understanding is that profits is what is left over to be paid to shareholders after they stop spending on employees/investment/opex/etc.