You mean a well managed company doesn’t need bailouts?
I’m sure a news story on this eventually will mention Ford wasn’t part of the governable motors plan...
OF COURSE FORD GOT A BAILOUT!!!!!
IT WAS CALLED CASH FOR CLUNKERS!!!!
It is the only reason FORD made a profit in Q3....they had cars on the lots while GM & Chrysler did not because they were shut down during their gov't-controlled bankruptcy farce.
Yes Ford made money off the stupid clunker program. Just as they won’t make money this quarter because there is no clunker program.
But they did not get a bailout and are generally a stronger company than Govt Motors.
People WANTED to by an AMERICAN manufactured car NOT owned by the GOVERNMENT.
And if you are so naive to think that THE ONLY way Ford made a profit was because of Cash for Clunkers, then you are mistaken. Because you HAVE NO IDEA how many vehicles Ford would have sold without this program.
You are using a hasty generalization fallacy that is devoid of any facts
People WANTED to by an AMERICAN manufactured car NOT owned by the GOVERNMENT.
And if you are so naive to think that THE ONLY way Ford made a profit was because of Cash for Clunkers, then you are mistaken. Because you HAVE NO IDEA how many vehicles Ford would have sold without this program.
You are using a hasty generalization fallacy that is devoid of any facts