Replies

1 posted on 06/28/2006 11:23:17 AM PDT by george76

2 posted on 06/28/2006 11:24:45 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)

As long as FORD embraces the gay agenda I'll buy elsewhere thanks and FORD can go to hell.

3 posted on 06/28/2006 11:25:31 AM PDT by Joe Boucher (an enemy of islam)

Neither Ford nor GM can be allowed to go under.Time for the management,the unions and the government to step up to the plate and make the "difficult decisions".

For management,it will mean pay cuts and no more huge bonuses.For the unions,it will mean the end of the gravy train.and for the government,it will mean $$$.

5 posted on 06/28/2006 11:28:25 AM PDT by Gay State Conservative

So, what's below "junk". Trailer Park?

13 posted on 06/28/2006 11:49:54 AM PDT by Doohickey (Democrats are nothing without a constituency of victims.)

Both Ford and GM have become massive pension funds for the benefit of the union -- manufacture of (mediocre) cars is a mere sideline.

No great coincidence that Honda just announced a major new plant in Indiana, to go with its existing facility in Ohio. BMW makes cars in South Carolina; Mercedes has plant in Alabama; Toyota is in Kentucky; Nissan is in Tennessee; Mitsubishi is in Illinois; and Subaru and Isuzu are in Indiana. All of these facilities, I believe, are non-union.

The greed of the UAW has all but killed the "old" American auto industry. I see no reason for taxpayer-funded intervention to revive these dinosaurs. Japanese and German companies are picking up the ball fumbled by Ford and GM.

20 posted on 06/28/2006 12:14:43 PM PDT by southernnorthcarolina (Some people are like Slinkies: totally useless, but fun to throw down a stair.)

I suspect Ford may declare bankruptcy. If they do I would think GM would not be far behind because much of Ford's labor obligations and other debts would be negated and GM would be at a competitive disadvantage compared to Ford.

37 posted on 06/28/2006 2:36:25 PM PDT by Uncle Hal

40 posted on 06/28/2006 2:47:28 PM PDT by PsyOp (Line up all the cars in the world end to end and someone will still try and pass them.)

To: george76; All

Ford Sure doesn't make them like they used to.

Hot Rods & Custom Stuff

43 posted on 06/28/2006 2:52:23 PM PDT by PsyOp (Line up all the cars in the world end to end and someone will still try and pass them.)

I own two new Fords so this is more than a passing interest for me. The problem is that they let their passenger cars go on being ignored and they thought they could ride the truck and SUV boom into the future with impunity. They were wrong. The thing that would keep them from going bankrupt is that the Ford family can't permit it. They would lose control of the company so it won't happen. What I can't understand is why GM has come back up. I understand their sales for June are off 30% and they are up to their eyeballs in debt. Chrysler doesn't have any debt. And they were the ones that had to get a government bailout. It was said at the time this was going to boomerrang on Ford and GM and so it appears to have happened.

I don't have the answer except that they need a hard nosed no nonsense manager come in and do what is required to save the company. It can be done as was shown with Nissan. But Ford has been pouring money down ratholes like Jaguar that have never shown a profit. Craziness.

46 posted on 06/28/2006 3:36:40 PM PDT by RichardW

I just bought Ford bonds with a 9.5 coupon and yielding almost 13%

The only way Ford goes under is if American Motors Corporation is resurrected. Whis is to say America and Congress and the Sherman Anti Trust Act will not permit one American auto company and it's monopoly

47 posted on 06/28/2006 4:15:25 PM PDT by HockeyPop

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