Comment by segasaturn | Hacker News Reader

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Comment by segasaturn | Hacker News Reader

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CEO salaries for comparison:

Jim Farley (Ford CEO): $26.5 million

Mary Barra (GM CEO): $27.8 million

Koji Sato (Toyota CEO): $3.88 million

Atsushi Osaki (Subaru CEO): $1.05 million

Makoto Uchida (Nissan CEO): $4.5 million

No idea what the compensation for auto executives in China is, but probably even smaller than Japan's.

Sources:

https://www.bbc.com/worklife/article/20230925-uaw-auto-strik...

https://www.automotivedive.com/news/gm-ceo-compensation-fall...

https://www.detroitnews.com/story/business/autos/ford/2024/0...

Taking just Ford, they sold 1,995,912 vehicles in 2023 [1]; assuming it's divided evenly across vehicles, CEO compensation adds $13.25 to the price of a Ford. Probably CEO compensation is less substantial for a BYD vehicle, but it's just not a large component of the cost.

EDIT: Fixed the math, thanks mperham, I had $1.35 earlier.

[1] https://media.ford.com/content/dam/fordmedia/North%20America...

My math ($26.5m / 2m) says you're off by an order of magnitude: $13.25

What about the entire C suite?

Just FYI, they will choose a component that is 1 cent cheaper over the one that worked for years without any problems. They could give you an actual usable navigation but they don't want to spend 1 extra dollar for the controller.

$1.32 per car is a lot!

The OP said "Look at profits of legacy auto. It’s not the labor, they’re prioritizing profits over investment [...]". Are you arguing that this is incorrect by showing some examples of large labor expenses these US auto companies have? My understanding is that profits is what is left over to be paid to shareholders after they stop spending on employees/investment/opex/etc.

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