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Ford requested a $9 billion line-of-credit from the government, and a $5 billion loan from the Energy Department. Ford pledged to accelerate development of both hybrid and battery-powered vehicles, retool plants to increase production...... Ford didn't need, and didn't receive any funds, it also didn't want its competition to get the upper hand thanks to the government bailout.
I'm not saying they're the greatest example, I also agree with the comment...
Ford also has it’s legacy costs, and cannot really continue to rally the troops long term. It was the first to rely heavily on IMPORTED parts.... , and now is the most foreign of the U.S. brands, with most lines being over 50% from overseas....... Ford is a Unamerican sheep in wolf’s clothing.
Just saying they did god job not using our(my) tax dollars for a bailout, and to continue paying inflated benefits.... Now we are expected to continue paying previous promises, yet we aren't getting promised crap, just be glad you gotta a job.....
IMO, the real thing to point out is that Ford didn't NEED taxpayer money to stay out of bankruptcy. GM and Chrysler got the bailouts and went bankrupt anyway. Also, don't forget our fine federal government used taxpayer money to hand the UAW a 20% ownership stake in both companies and forced GM and Chrysler away from getting the concessions they should have from the UAW to make them financially viable into the future. Look for both to be teetering on bankruptcy again in the next 5-10 years when the bailout money runs dry.