In the short run, that would be VERY, VERY difficult. Government-owned Chrysler and GM have, essentially, unlimited resources at their disposal. Whatever they do, the taxpayers must pay. (After all, they're Too Big To Fail!)
Ford doesn't have unlimited resources.
In the short run, that would be VERY, VERY difficult. Government-owned Chrysler and GM have, essentially, unlimited resources at their disposal. Whatever they do, the taxpayers must pay. (After all, they’re Too Big To Fail!)
GM and Chrysler will be around until 2012, then they will have to repay the govt or be broken up. At that time, should Ford’s buyout plan work, they will be able to sell cars at a profit while GM/Chrysler sell cars to fund their workers retirement plan. Amazing thing about profits, they allow you to stay in business, innovate and attract investors. Should Ford once again become master of their domain, they will be very profitable. Their vehicles have quality and without the cost and restraints of UAW they will become very profitable. If Ford is successful, look for the UAW to waste away to nothing. Maybe they can represent the bowling alley pin setters?
So, Chrysler and GM will drag the taxpayers down, not Ford. Nobody wants their sh!tty cars, and they can’t FORCE people to buy them, yet.