The only thing that makes any sense is that the FedGov has told Ford, GM, et al that much like the big investors out at SVB, the FedGov will cover the losses from the taxpayers. FedGov cannot let the forces of capitalism work their magic if the GND is to prevail.
An aside ... coming out of Home Depot yesterday I saw a bright red Ford Lightning pickup pulling in right next to my truck.
When the owner got out I said “Nice truck ... it’s the first one I had seen moving under it’s own power.”
He asked what I meant to which I said “Oh I have seen several around the neighborhood but they all had dead batteries and were on trailers being towed home.”
He responded with “you think you’re funny, don’t you.” and departed.
His comment makes me think that he has already had to be towed once or more.
Saw a motorcycle and a Ford truck collision a couple of weekends ago.
The motorcycle broadsided the aluminum pickup bed and SPLIT IT above the rear fender....................