Author Topic: I guess things aren't all bad  (Read 2124 times)

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Offline daveismissing

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I guess things aren't all bad
« on: May 23 2013, 11:38:00 AM »
Ford will produce an extra 40,000 units by idling select plants for only one week during what has been the traditional two-week summer shutdown.

Ford Motor Company will add an additional 200,000 units of annual straight-time capacity this year.
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Offline tb3

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Re: I guess things aren't all bad
« Reply #1 on: May 23 2013, 08:19:38 PM »
Ford didn't take a bail out from the gov.
therefore they got more of my respect than the other 2, at this point in time
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Offline $1987 GN$

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Re: I guess things aren't all bad
« Reply #2 on: May 23 2013, 09:34:06 PM »
Not true; Ford did a few years earlier and no media attention.

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Offline stevemon

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Re: I guess things aren't all bad
« Reply #3 on: May 24 2013, 06:37:48 AM »
Ford didn't go to the Govt asking for that $5.9B low interest loan. The Govt went to Ford requesting they invest in more fuel efficient technology with the $$$. Ford wasn't in financial trouble at the time and never sought protection from creditors. 
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Offline $1987 GN$

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Re: I guess things aren't all bad
« Reply #4 on: May 24 2013, 06:54:27 AM »
And if I remember correctly a credit line of 10 bil at that time too?
I could be wrong but I thought that was taxpayers money?


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