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Shane said:
Then along came Toyota and sold better vehicles at a higher price but continued to grab more and more market share as Ford struggled to survive.

If you look at the History of Toyota you will realize that selling vehicles at a "Higher Price" is a reasonably new development; only after American automobile manufacturers lost sight on what consumers actually wanted and began offering incentives (and selling vehicles below cost)  has Toyota became more expensive than American automobiles.

Anyways ...

What seems to have been missed is the point of the automobile analogy ... The reason I mentioned it was that the manufacturers of luxury automobiles probably did not consider the Model T a threat being that they offered "So much more" than Ford did.