Forum Discussion
Fordlover
Mar 13, 2014Explorer
parkersdad wrote:Airstreamer67 wrote:Me Again wrote:
And my guess if you look at length of ownership that Dodge RAM/Cummins wins the statistic.
Chris
Well, nothing is perfect. Remember the Cummins' cracked "53" blocks, the killer-dowel pins, the failed lift pumps, the faulty wrist pins, et al, all of which could destroy thousands of dollars of engine. The consumer picked up many of those costs too.
And Ram has chosen an Italian diesel for its 1500 line next year, likely due to its new owners, who were basically given the company after it was bailed out by the American taxpayer, twice.
Ford is not immune. Read these articles if you don't believe me
http://www.forbes.com/sites/joannmuller/2012/08/29/automakers-report-card-who-still-owes-taxpayers-money-the-answer-might-surprise-you/
http://www.forbes.com/sites/joannmuller/2011/09/19/ford-looks-hypocritical-in-new-anti-bailout-commercial/
I know some struggle with it, but there is a big difference between a 6 billion loan to Ford that is expected to be paid back with interest, and a 50 billion bailout of GM, of which 10.5 billion of it is a complete loss, with no chance in hell of ever being paid back.
So, to recap, 6 bil loan paid back with interest is superior to a 10 billion dollar loss.
I'm glad the new GM is still with us, and Chrysler too, and that they are doing well, but even the most optimistic people know deep down that the bailout set a bad precident, and definitely stung.
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