Thread: Should the government bail-out include domestic automakers?
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Old 12-03-08, 12:53   #256 (permalink)
Len_A
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Re: Should the government bail-out include domestic automakers?
Quote:
Originally Posted by Lumadar View Post
Interesting video. Thanks for sharing.

(I too wear New Balance, LOVE those shoes!!! )


***I just went to Ford.com and noticed some very interesting new media there.

Check it out.

The Ford Story: A different route - Ford on the credit crunch, recession and more fuel efficient vehicles | Ford Vehicles
I have a rough idea where that neighborhood is - nothing more than forty year old homes, most of them under 1700 square feet, nothing fancy. Certainly not a neighbor with high incomes.

Ford has a far better turn around plan than GM or Chrysler, but a GM or Chrysler Chapter 11 filing would hurt Ford as well, since all three share 90% of the same suppliers. In fact, a GM bankruptcy would disrupt Toyota's North American production as well as Mercedes, but the opponents of the loans are too uninformed and too prejudiced against Detroit to see the whole auto industry for what it is.
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