Ford has had several joint ventures along the way. The deal with Fiat over the tractor division was just one of them and they held onto a percentage along the way as I posted.
They also had a JV with Mazda and bought out Volvo cars and produced cars on the same platform for all 3.
The F-150 has always beat out any other pickup as you say and it is hardly a shitbox.
I paid for my 2008 Focus on the money I made on Ford then turned around and bought I Fusion paid for as well.
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