> I don't want to keep funding Ford and GM shareholder greed.
As a long suffering Ford stockholder, I'd like to understand what you mean by "shareholder greed." Go look at a 30 year chart of their stock price. It's barely changed. They do have a nice dividend. The company's PE ratio is appropriate for a very very mature industrial stock. Its market cap is $43 billion. That's about 20% of Toyota and 4% of Tesla.
Who are these greedy shareholders and why are they managing to extract so little value out of the company despite being so greedy?
You don't say. And maybe it would look a little less greedy if that dividend were slightly smaller, but you guys make them sell the Ford Fiesta in the US instead?
Hell, maybe the dividend wouldn't even be smaller! But nobody knows, since Ford doesn't sell cars for poor people anymore, not even the cars it makes in large numbers anyway.
> You don't say. And maybe it would look a little less greedy if that dividend were slightly smaller, but you guys make them sell the Ford Fiesta in the US instead?
What do you mean "you guys make them." Individual tiny shareholders have 0 ability to change what a company sells.
Also, why pick on Ford? It is one of the smallest of the "large" car manufacturers. As I mentioned in my original comment it's a fraction of the size of Toyota and Tesla in market cap. It has deliberately chosen a niche—trucks and SUVs—to survive. In my opinion, it does not have the brand, marketing, or research and development muscle to compete with Toyota, Nissan, Hyundai, or Honda in the small sedan market and rightly exited it. Few in the USA thought Ford was making good small sedans in the late 2010s compared to their rivals, hence why consumers stopped choosing them and Ford stopped selling them.
> But nobody knows, since Ford doesn't sell cars for poor people anymore, not even the cars it makes in large numbers anyway.
As is stated in this thread, across all manufacturers, the cheapest car sold today in the US is about $20K (Nissan Versa). Ford sells the Maverick pickup for $24K and the Escape SUV for $30K. It chooses not to compete at the very lowest tier of the US market and no longer manufactures any small cars like the Fiesta in the US.
Is it Ford's responsibility to compete at every segment of the market? Or is it okay that they are specializing in trucks and SUVs where they have some competitive advantage and letting other manufacturers like Nissan have the small car market?
This isn't an attack on you personally. OP wrote about greedy shareholders, you said they aren't greedy. But shareholders can collectively direct a company to do something. Wanting an all-American company serve all Americans is understandable.
> It is one of the smallest of the "large" car manufacturers. As I mentioned in my original comment it's a fraction of the size of Toyota and Tesla in market cap.
Using market cap here is disingenuous. Ford sold 2M cars in the US alone last year. More than Tesla, only slightly fewer than Toyota.
> and no longer manufactures any small cars like the Fiesta in the US.
They're still making (and selling) them in Mexico. It would be a very short supply chain to get them to the US. Not great for local jobs, but Ford factories in Mexico shipping parts to the US are nothing new.
> It chooses not to compete at the very lowest tier of the US market
No doubt, the correct decision from a financial point of view. But we're arguing against being greedy here.
As a long suffering Ford stockholder, I'd like to understand what you mean by "shareholder greed." Go look at a 30 year chart of their stock price. It's barely changed. They do have a nice dividend. The company's PE ratio is appropriate for a very very mature industrial stock. Its market cap is $43 billion. That's about 20% of Toyota and 4% of Tesla.
Who are these greedy shareholders and why are they managing to extract so little value out of the company despite being so greedy?