One might wonder why the Ford CEO cares about low cost foreign cars when Ford doesn't even make any. They have shifted all of their lineup except one car model to higher- margin compact SUVs, SUVs, pickups, and full size commercial vans. And that one car, the mustang, another one marketing exercise on four wheels with accompanying margin markup - not exactly a practical entry level car.

Oh, but the poors but the used cars and competition for their business will lead to greater supply of used cars, diminishing the resale value they can point to to justify purchase of their high-margin vehicles. Can't have that now.