04-16-2009, 02:08 PM
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CC Member
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Join Date: Aug 2006
Location: San Diego,
CA
Cobra Make, Engine: SPF1715, Roush Built 434 ci Stroker, Dart Block, Ported AFR 205 Heads... 561 hp / 547 tq, Former Roush Show Car, Completed and Prepped By Olthoff Racing.
Posts: 1,066
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Quote:
Originally Posted by 95CobraR
I have mentioned that government control of their company is not a good thing for Ford. It could be that a few members of the Ford family did not diversify their wealth and relied on only Ford dividend income. They screwed up if that is true.
http://www.marketwatch.com/News/Stor...eed&siteid=WSJ
The WSJ is also reporting that Fiat's CEO will take over control of Chrysler. Obama fired Rick Wagoner and has placed his man at the top spot at GM. Ford is the lone standing American manufacturer who still has independent control.
Once Ford accepts government bailout funds, they are at the mercy of the federal government. The feds could force Ford to stop making performance cars and parts while arranging a shotgun wedding with Hyundai.
You'll be driving a Hyundai-Ford Accent that gets 35 mpg. |
The government should stay out of it IMO. The market should dictate the type of cars they build, not the government. |