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How Ford burned $12B in Brazil (2021)

38 points

by kaycebasques

12 hours ago

| past

| 5 comments

| reuters.com

| HN

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cladopa

2 hours ago

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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.

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sidewndr46

34 minutes ago

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> the Japanese discovered that importing Ford cars from Japan was cheaper that manufacturing those in Japan

maybe I just don't understand, but something seems off with this statement?

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sushid

7 minutes ago

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to Japan* I think

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lysace

20 minutes ago

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And now an authoritarian one-party country (I think it's decidedly sliding into a dictatorship) is winning car manufacturing - and possibly almost all of manufacturing except high-end semiconductors and optics.

The future is going to be interesting.

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ProAm

1 hour ago

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Still a wild antisemitic so.... money isn't everything.

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elorant

1 hour ago

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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.

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ulfw

42 minutes ago

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So is Elon Musk and yet he is the richest man on Earth, has meddled in government freely and fanboys still believe every fart that is coming out of him.

He used to be into making cars too but that clearly fell off the wayside

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SPascareli13

1 hour ago

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Interesting aside, BYD (Chinese EV automaker) has took over production in the old Ford factory in Camaçari.

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luqtas

55 minutes ago

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they also managed to buy and destroy a really proeminent 4x4 national company [0] it's tech was of course, eaten by them

[0] https://en.wikipedia.org/wiki/Troller_Ve%C3%ADculos_Especiai...