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Old 01-02-2009, 11:25 AM   #1
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Ford Gets Screwed In Bailout

Treasury to Ford: Drop Dead - WSJ.com

Ford's reward for not needing tax payer bailout? Government helping their competitors beat them.
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Old 01-02-2009, 11:34 AM   #2
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Re: Ford Gets Screwed In Bailout

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GM said it will offer 0% financing for up to 60 months on the 2008 Chevrolet TrailBlazer, GMC Envoy and Saab 9-7X sport utility vehicles through GMAC. The Saab 9-3 and 9-5 sedans also qualify for 0% financing. The car maker is also offering financing between 0.9% and 5.9% on more than three dozen other 2008 and 2009 models, including many trucks and SUVs. The deal runs through January 5, and no doubt GM is hoping for a booming sales weekend.
I know they need to get rid of the trucks and SUV's but this is a huge problem right here. No one wants those vehicles. Are they not listening to the public still!?
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Old 01-02-2009, 11:45 AM   #3
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Re: Ford Gets Screwed In Bailout

I know around here Chevy trucks are selling pretty good. I see more brad new chevy come into work more than any other.
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Old 01-02-2009, 11:52 AM   #4
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Re: Ford Gets Screwed In Bailout

GM trucks are the only thing they seem to konw how to do right
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Old 01-04-2009, 12:05 AM   #5
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Re: Ford Gets Screwed In Bailout

yeah that around here of coarse is directly proportional to the current fuel price, I've seen about 3-4 excursions (or whatever those buses are called) lately, haven't seen those in what about 6 years ago?
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Old 01-05-2009, 09:48 AM   #6
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Re: Ford Gets Screwed In Bailout

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Originally Posted by Brent View Post
Treasury to Ford: Drop Dead - WSJ.com

Ford's reward for not needing tax payer bailout? Government helping their competitors beat them.
I'm on the fence on what should've been done for Ford. One one hand it is perfectly fair to give them some cash too (we might as well give every corp. some cash, bad trend), and on the other there is the giant deficit that continues to grow.

The GM Chrysler Bailout is a good thing for Ford. Without the competition and other companies, all of Fords Suppliers will be charging more. This increases cost for Ford to sell cars and we all know the Domestics don't need to cough out more money than they already do while trying to stay in competition with the japanese automakers prices.
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Old 01-06-2009, 11:23 AM   #7
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Re: Ford Gets Screwed In Bailout

I think it's a good thing for Ford. now ford can boast they are a strong enough company that they don't need a bailout. look at it like this. If you are going to buy a high ticket product knowing nothing than that 2 of the 3 companies almost had to file bankrupsy which one would you buy from, knowing that you will need the company that you bought it from to be their to service your buy at a later date.

it's all spin. that's why lobbiest get paid so much
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Old 01-06-2009, 06:06 PM   #8
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Re: Ford Gets Screwed In Bailout

its unfair to ford because its giving GM a temporary financial advantage. however, most of these bailouts are nothing more than short term solutions so the companies have time to liquidate assets and get their asses out of financial doom. ford isnt at that point yet. they might be in the near future - and i bet they will get their bailout at that point in time. for now, they are hanging in there... like always.
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