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I'm not an expert on the history of Ford, but I imagine that their cars also started off as a luxury item and only after obtaining some market share were they a
by foota 11y ago
I'm not an expert on the history of Ford, but I imagine that their cars also started off as a luxury item and only after obtaining some market share were they able to build the massively efficient production lines that they are famous for?
- touristtam 11y agoTrue. Apparently Ford started his first car company as a luxury product (that was at the very early 20th century) and it was later purchased and renamed Cadillac. But I would argue that a convergence of event allowing Ford to become a major car manufacturer include the introduction of an affordable model early in the history of the company. Considering the opposition to Tesla from the top 10 world car manufacturer, there will be no significant market share gain until the price can make the cheaper Tesla model an alternative to equivalent market leaders, and possibly introducing a compact car with the same aim.