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<blockquote data-quote="Outlaw6.0" data-source="post: 902362" data-attributes="member: 23486"><p>About $5.9billion in 2009-ish (Running from memory) as a tax credit from the DOE to re-tool several plants across the US to build hybrid technology/vehicles. With another ~$10billion footed by Ford themselves. Fuel economy/efficiency is federally mandated... One should at least be capable of seeing a reason (other than shoddy business practice) for lobbying & receiving a tax credit as a legitimate investment, should they choose to do so.</p><p> </p><p>It is also true that Ford's CEO lobbied in favor of the Troubled Asset Relief Program. As the big 3 share an approximate 80% overlap in suppliers, it would be safe to assume that the decline of your suppliers would lead to a decline in your business... kinda hard to sell stuff you don't have; or is it?</p><p> </p><p>Ford's CEO also lobbied Congress for a "line of credit" for $9billion "just in case". Whether or not it was approved, I cannot say as there was no funding provided under the "bailout" at any point.</p><p> </p><p>So; are they perfect? Nope, none of them are. Were they in a better position then? Yup. Are they still? I tend to think so. Although I do have to say Fiat errr.. Dodge is making a dern hard push on the market.</p><p> </p><p>The future will tell the rest of story.</p><p> </p><p> </p><p>t</p></blockquote><p></p>
[QUOTE="Outlaw6.0, post: 902362, member: 23486"] About $5.9billion in 2009-ish (Running from memory) as a tax credit from the DOE to re-tool several plants across the US to build hybrid technology/vehicles. With another ~$10billion footed by Ford themselves. Fuel economy/efficiency is federally mandated... One should at least be capable of seeing a reason (other than shoddy business practice) for lobbying & receiving a tax credit as a legitimate investment, should they choose to do so. It is also true that Ford's CEO lobbied in favor of the Troubled Asset Relief Program. As the big 3 share an approximate 80% overlap in suppliers, it would be safe to assume that the decline of your suppliers would lead to a decline in your business... kinda hard to sell stuff you don't have; or is it? Ford's CEO also lobbied Congress for a "line of credit" for $9billion "just in case". Whether or not it was approved, I cannot say as there was no funding provided under the "bailout" at any point. So; are they perfect? Nope, none of them are. Were they in a better position then? Yup. Are they still? I tend to think so. Although I do have to say Fiat errr.. Dodge is making a dern hard push on the market. The future will tell the rest of story. t [/QUOTE]
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