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Ford CEO tells employees Chinese automakers could enter U.S. market in next decade (www.reuters.com)
submitted 3 months ago by to c/technology@lemmy.world
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[–] 3 points 3 months ago (1 child)

Many reasons but two big ones are that they don't pay employees like North America does, and I'm fully convinced they're pulling the EEE technique to dominate the NA market once they're in.

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  • [–] 1 point 3 months ago

    North American workers aren't earning much more than they did 20-30 years ago while vehicle sales prices went up 8-10x. So no, it isn't workers' wages driving the difference. Executive pay, stock buybacks & dividends, lobbying, advertising have all increased multiple times more than EE pay packages.

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