If I was Ford (or hell, Honda & Toyota for that matter), I would sue GM and/or the federal government for giving its competitors a competitive advantage in the marketplace. Ford doesn’t have the luxury of federal subsidies, or the federal government “standing behind its warranties”, etc. I would be furious if I were Ford. After all, they are being punished for doing the right thing.
Air Canada petitioned the Canadian government for a massive bailout back then -- because the U.S. bailout of U.S. airlines put them at a competitive disadvantage for international flights between the countries.
The Canadian government was ready to give them what they asked for . . . until someone pointed out that for the $10 billion Air Canada was seeking, the Canadian government could have save a couple of billion dollars by purchasing every share of company stock and owning the airline in its entirety.
Under “equal protection under law”, can I complain to my Congressman that my Ford warranty isn’t backed by the full faith and credit of the US gubmint? Barry, by edict, said the GM warrant is being backed. Just sayin’.....