![]() 03/11/2015 at 15:56 • Filed to: Ford | ![]() | ![]() |
Aerospace
Aircraft
Tractors
Trucks (in Europe)
Bus and coach chassis
Posh cars
![]() 03/11/2015 at 16:00 |
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Also Australia
![]() 03/11/2015 at 16:03 |
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![]() 03/11/2015 at 16:12 |
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![]() 03/11/2015 at 16:14 |
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Consumer electronics.
![]() 03/11/2015 at 16:21 |
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*dons flamesuit* Making good cars.
![]() 03/11/2015 at 16:36 |
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Massive debt without filing for bankruptcy.
![]() 03/11/2015 at 16:53 |
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Yep... including TVs and radios. I grew up watching a TV on a Ford-Philco
![]() 03/11/2015 at 17:08 |
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Along with Electronics, by divesting Philco, they also got out of furniture, water purification, computers and home appliances (refrigerators, air conditioners, washers, dryers, etc).
They also got out of the heavy duty truck segment in North America when they sold that business to White (owned by Daimler) in 1997.
Oh and in addition to getting out of posh cars, Ford also got out of Mazda and Kia.
In theory, Ford should still be in the posh car business via Lincoln... but we all know what the situation is in practice...
![]() 03/11/2015 at 17:38 |
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2/10, poor trolling.
![]() 03/11/2015 at 17:40 |
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Wasn't even trying anyway so I don't care.
![]() 03/11/2015 at 17:41 |
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1/10 now for not sticking to your guns.
![]() 03/11/2015 at 18:12 |
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Interestingly, they sold Land Rover for less than that company is now making annually.
![]() 03/11/2015 at 18:23 |
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Ford never knew how to run Volvo, Jaguar, or Land Rover. If they hadn't sold it they would have run it into the ground anyway.
![]() 03/11/2015 at 18:26 |
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They also didn't know what to do with the Kwik Fit servicing chain, which they bought for $1.6m and sold six years later for (allegedly) one third of that.