The only reason Ford got their loans was the Ford family members had to put up their personal property to secure Fords loans. Had Ford not been owned by the original founders family Ford would have been the first one "bagging for free bailout money" has some on this board think GM and FCA (Chrysler) got.
BTW what car company has paid every penny back that they where required to pay back and early too? GM and Ford are still paying on their loans. So maybe that has something to do with their profit margin as compared to FCA. Add the fact that FCA has to convert every Chrysler platform over to their vehicle platform and you have yet another reason for our lower margins.
FCA just announced that they are investing 700M into the Toledo Jeep plant and 350M into the Belvidere plant for a total of 1.05B. That is on top of the other investments going on for 2016/2017. So much for TravelNutz and a few others saying Jeeps was moving ALL of their production to China :R . The China plant is building vehicles for the Asian markets only.
Don
