ShinerBock wrote:
Terryallan wrote:
ShinerBock wrote:
I have spoken with many people about this. Almost every one of them said that they think the UAW is getting too greedy especially asking for benefits that most others do not get or have to pay for themselves. Most also felt that this greed was a large reason why we (the taxpayers) had to bail out these companies not to long ago. All of this on top of the current corruption scandals in the UAW's top executives are not helping their cause. They may have won this battle, but it appears they are loosing the war in the eyes of most people in my region because most are starting to view them unfavorably where they didn't just a few years ago.
Ford did not take the bail out. They had already done what they had to do to avoid it. GM who went bankrupt after wards, and Chrysler who was sold to Fiat, took the bailout.
I will never forget what the Ford CEO told the Congressional committee when they ask if he would work for a dollar ay year if they gave them the money. He said "No, I'm good". GM, and Chrysler CEOs on the other hand said, YES PLEASE.
I don't think I mention Ford once in my post. Someone is a little testy. Ford was actually in good standing during this crisis for various reasons and one of them was because they were awarded the $6 billion dollar loan from the Department of Energy in September of 2009. Because of this other government loan that preserved thousands of jobs, they did not need to take part of the other bailout loan.
FORD
Loan Programs Office
Not really. It is just that the subject of the thread is Ford, and the UAW. so when you said "these companies". it appeared to include the thread subject as well.
Many people are under the mistaken idea that Ford did indeed take the bailout because they have Gov loans. However in truth nearly every large company in the US has Gov loans. It is easier to use Gov money that company capital.
Ford took many measures to cut costs, including closing many dealerships. Which in my humble opinion has hurt their sales. Several towns near us have no Ford store, but do have GM, and Fiat Chrysler stores. The nearest Ford store is more than 20 miles away. lots of people like to buy close to home, so they settle for a Chevy, or Ram instead of driving 20 + miles to buy.