Well, let’s not forget about the classic Ford charm! Can they really compete with flashy brands and still keep the heart that made them great?
After 150 years, Ford must avoid underestimating competition. They’ve faced new players like Tesla that revolutionized the market. Ignoring such trends can lead to serious setbacks.
Absolutely! There’s a lot to learn from how Ford responded to foreign competition in the 80s. Misjudging market shifts led to a drop in their market share.
It’s all about innovation! They shouldn’t repeat the past mistakes of focusing too much on trucks and neglecting smaller, more fuel-efficient cars, especially as consumer preferences shift.
Exactly. Investing in new technologies rather than just traditional production methods can help Ford balance the current market landscape.
I agree with you both. There’s also the importance of branding. Ford should avoid losing touch with what makes it a household name. Nostalgia can be powerful if leveraged correctly.
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True! But too much nostalgia without actual innovation can make a brand seem outdated. They need to strike a balance.
What about the approach to electric vehicles? Ford’s efforts seem promising, but they must avoid being reactionary rather than proactive in this space.
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Totally! Missing the EV wave could be a major blunder. They should take lessons from GM’s earlier hesitance.
This is turning into a great discussion! But let’s not forget about humor. Maybe Ford could create a campaign featuring its older models in a series that highlights ‘Consumer Lessons of the Last 150 Years.’ Sounds like a hit!