Why hasn’t a car company tried to manufacture a car with the bare minimum features (seats, wheels, steering, A/C, etc) and none of the fancy spaceship Bluetooth controls, and then sell it for a much lower price than all competitors?

Currently the only way to get something simple, affordable and easily fixable is to buy an old used vehicle. It seems like a car company could easy corner the market on new, low cost automobiles. Yet none of them have, for years on end. Why?