F-Series trucks # 1 for 40 years

Terryallan wrote:

MNGeeks61 wrote:
I'm not sure why this is important who sells the most trucks anyway, but since we're on the buyout/bailout now...

Ford still owes money

Botom line. Ford was NOT bailed out, and taken over by the Gov, as was GM, and Chrysler. Ford simply borrowed money long BEFORE the Bailout, and got their house in order.

GM was bailed out, and then went bankrupt. Makes you wonder why they were bailed out, and Chrysler was bailed out, and sold to Fiat.

we all know GM guys like to say Ford was bailed out as well, Just to make themselves feel better. But in fact. Ford was not, and is very proud that they didn't take the bailout.

In fact, when Ford, GM, and Chrysler's CEO were before congress. They were asked IF they were given the money, would they work the next couple years for ONE dollar. GM, and Chrysler CEOs said YES, just give us the money. Ford's CEO said, and I quote. NO I'm good. I just came here to help them out. Ford didn't want the money, didn't need the money and didn't take it.

I never said they took the bailout/buyout. They did, however, borrow money from the government and still owe some. Read the article, they did not borrow from the gov't prior to the crisis. They did mortgage and had like 23 billion in 2006, so they were ok.

Nothing against Ford, they were in good shape prior and appear to be still in good shape. As I understand it, that borrowed money went towards smaller efficient vehicles and research on the aluminum bodies they're producing now.

I can see you'd think I was being negative, but I'm just showing the facts. Ford's position was definitely better than GM's complete failure and Chrysler's forced buyout by Fiat.