Must excerpt from forbes.com
My bets are on Ford.
Bullogna!
GM is still trying to pull up their boxing trunks.
Go Ford!
It’s really too bad... I don’t want to put ANY money in UAW pockets, that money will just be used to finance Dumocrat candidates. So I cannot buy American. And I don’t want to buy foreign either. In fact I don’t want to help Obama’s Socialist regine at all, so I’m just stuffing my money in a mattress... what I don’t send to Scott Brown, Doug Hoffman, NYer’s for Growth, or Sarah PAC.
If Ford has learned the hard lesson of not pandering to the homosexuals, and flipping the bird to Christians objecting to such garbage, as it did in the ‘00’s,
then I will bet Ford will be in better shape.
ANY company run by the government is doomed to fail. I certainly will not be buying a GM car or truck, no way. I’ve never really liked Ford but after Government Motors sold out and after owning Chrysler cars and trucks, I’ll be buying Ford. Chrysler quality sucks.
Except that Lloyd forgets that it's good product that moves car sales, not fiscal and management controls.
And what good product does GM even have? Maybe the Malibu, but compare it to a Fusion and you'll see AND feel a difference.
Someone tell Matt Lloyd that VHS beat Betamax. GM is toast in the US.
I would guess that there are more than a few people who won’t purchase a GM product in the future precisely because it is “Government Motors”.
That would've been the "Cash for Clunkers" sales bump, correct?
On a tangential issue, remember when GSA (government fleet) purchases raised eyebrows due to many Ford products - right after bailing out GM? I was curious to see whether Ford made it into any of the vehicle classes for 2010 and began poking around on the GSA website.
I found a link to the "2010 Vehicles Standards" or some such, where you can look at each vehicle class and see the available cars and trucks. To my great surprise, Ford is still in many of the classes - and, get this... so are Toyota, Honda, etc.
That's new as of this year, I'm pretty sure. GSA was only able to procure "big three" vehicles in the past. Now it appears the foreign automakers can bid, as long as the vehicles are produced in the U.S.
GM is losing its last lifeline... and the UAW hasn't noticed yet.
If GM goes public, what do you get if you buy the stock?
Ya, you get some assets, and maybe some good product, but you are buying the Unions Liabilities not an auto Company, Ford has rolled them into a manigable debt, what never ending story is GM and Chryslers VEBA since they and we own the companies?
Just my 2 cents, disagree chime in, but this ain't gonna work IMHO....
Right now they are both making great cars for the money. Five years from now after the government gets their tentacles embedded in GM, I’m betting on Ford.
Ford is in the Council On Foreign Relations and their products are built by the United Auto Workers.
Why? Because Ford's amazing luck in getting that US$23 billion line of credit in 2006 for product development and the fact thanks to the new EPA fuel economy and emission mandates, Ford has placed itself ready do be ready to meet these mandates years ahead of requirement date.
Already, there is big demand for the new Fiesta subcompact, which will arrive in early June. And Ford will roll out the next-generation Ford Focus model just after the new year in 2011. And Ford will likely phase out both the Edge and Flex by 2012 in favor of a new "sporty" minivan--the second-generation S-Max, a model that have become very popular in Europe.
And Ford is going to be at the leading edge of "green" cars, too. Ford plans to adapt the technology from the Fusion Hybrid for several other models, and an all-electric version of the upcoming Grand C-Max "tall wagon" will arrive in 2012.