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Ford just got a loan bigger than anything seen ‘since the advent of the auto industry’ — here’s what the company is spending it on
MSN ^ | 7-22 | Julia Taravella

Posted on 07/22/2023 2:50:24 PM PDT by dennisw

click here to read article


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To: isthisnickcool

Who doesn’t like trillion dollar plus interest payments?


81 posted on 07/22/2023 6:52:16 PM PDT by foundedonpurpose (Praise Hashem, for his restoration of all things! )
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To: dennisw

INSANITY!

WITH OUR MONEY!


82 posted on 07/22/2023 7:53:57 PM PDT by Taxman (SAVE AMERICA! VOTE REPUBLICAN IN 2023 AND 2024!)
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To: dennisw

I get it. EVs have to be parked outside, so there are a lot of empty garages on the horizon. This is a great place to locate the illegal aliens who are homeless.


83 posted on 07/22/2023 8:58:56 PM PDT by RideForever (Damn, another dangling par .....)
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To: stockpirate

EV’s can lose 30% of their ranges in temps
below 20 or above 100 degrees. 30% of your
cost to charge, right out the window.
And that’s without running the heater or
air conditioner.
No way to hang on to their “cheaper to
operate” claim.


84 posted on 07/22/2023 10:12:23 PM PDT by Lean-Right (Eat More Moose)
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To: power2
While GM and Chrysler need government bailouts to stave off bankruptcy(“government motors”),

GM went bankrupt in 2009. The feds stepped in and reconstituted a new company called GM. I know oldGM bond holders got screwed over in the deal.

85 posted on 07/22/2023 11:43:03 PM PDT by stig
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To: dennisw

Is the Biden crime family getting a kickback?


86 posted on 07/22/2023 11:55:15 PM PDT by GOPJ (Budweiser, Maybelline etc pay for ads the LGBQ 'community' hijacks. for their own agenda.)
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To: dennisw

“Loan.”

Yeah. Sure.


87 posted on 07/23/2023 12:05:02 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Organic Panic

“giving Ford $9.2 billion loan to build electric vehicle (EV) factories.”

Actually, banks will loan Ford the money, and the Feds will guarantee the loan via the DOE. So when Ford cannot make payments on the loan........


88 posted on 07/23/2023 5:05:53 AM PDT by dennisw (Never attribute to incompetence-stupidity, that which is adequately explained by malice)
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To: MinorityRepublican

Correct. For most people, it seems, purchasing an EV is not about satisfying a need for transportation. It’s about wanting to project a certain image. True, I suppose, about cars in general, but the relative impracticality of an EV for the majority of folks makes this abundantly clear.


89 posted on 07/23/2023 6:53:32 AM PDT by drwoof
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To: dennisw

Ford inching toward penny stock by sucking up to Biden fallacy


90 posted on 07/23/2023 10:02:39 AM PDT by Vaduz (....)
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To: dynachrome

I thought of that also. A loan. So what happens when Ford can’t pay the loan back? Looks a lot like China’s belt and road program where the host country cannot afford the payments so China steps in and takes over the shipping facilities and ports.


91 posted on 07/23/2023 10:07:59 AM PDT by Texas resident (We are living through Barak's fundamental transformation)
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To: dennisw
I was disappointed when Ford chose to get out of the sedan business after they discontinued the Fusion line.

-PJ

92 posted on 07/23/2023 10:14:52 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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