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Soup · 23 Feb 2009, 02:22 pm

Auto Loan Daily - Ford Prospers While GM and Chrysler Suffer

Quote:

Ford Prospers While GM and Chrysler Suffer
By Ross Edwards
Monday, 23 February 2009 09:10

While the auto industry as a whole is in rough shape, Ford is doing comparatively well. During each of the past four months, Ford’s market share has increased compared to last year. The well-publicized financial troubles of GM and Chrysler may have helped Ford.

Ford is the only one of the Big Three not to take out loans from the federal government. That financial stability is important for some buyers, who are trading in GM and Chrysler vehicles to buy Fords.

"The future of GM and Chrysler certainly played a part in my decision," said John Grassi of Warren, Mich., who recently switched from a Dodge Minivan to a Ford Fusion. "Ford seems to be the most sound in terms of staying solvent. I mean, you look at your warranty and you want that warranty to be good."

While Ford hasn’t received any form of bailout from the federal government, it has profited from the loans given to Chrysler and GM. The terms of the loans GM and Chrysler received require the automakers to arrange money-saving concessions from the UAW, and the UAW has a history of arranging the same conditions for each of the Big Three.

I've heard people say that they won't ever buy another car from GM or Chrysler because they took bailout money, which is pretty dumb in my opinion. Just because the companies might have been mismanaged financially doesn't means the cars are crap. Holding grudges won't get you anywhere.

01mmmz28 · 23 Feb 2009, 03:07 pm

Hmmm......Then why was ford using their "reserve" money and they have a 14 billion bail out proposal on standby???

American Psycho · 23 Feb 2009, 04:12 pm

Quote:

Originally Posted by 01mmmz28

Hmmm......Then why was ford using their "reserve" money and they have a 14 billion bail out proposal on standby???

To get ready to hire on more workers, when the loyal gm crowd says fuk you GM

ray_sir_6 · 23 Feb 2009, 04:13 pm

Kia and Subaru have increased sales since last yr. They were low to begin within, but they haven't fallen like all the others.

American Psycho · 23 Feb 2009, 04:15 pm

yeah but who really wants a kia or soobaroo

vette12 · 23 Feb 2009, 04:29 pm

no kia... but eh, i might take a subaru.

ray_sir_6 · 23 Feb 2009, 04:32 pm

I'd like to have a new STi.

American Psycho · 23 Feb 2009, 04:33 pm

and so would every teenager

ray_sir_6 · 23 Feb 2009, 04:37 pm

Sweet, so I can totally pick-up teenage girls with it? I'm gonna get one tonight!!!

American Psycho · 23 Feb 2009, 04:39 pm

thought a miata was for that ?

ray_sir_6 · 23 Feb 2009, 04:41 pm

Of course not, you get the California girls with a Miata. You know... mid 20s, blonde, ****ty, and a perfect body. Something about a convertible.

American Psycho · 23 Feb 2009, 04:53 pm

damn, I need a new ride.

01mmmz28 · 23 Feb 2009, 05:18 pm

I thought the miata was for when you went gay club'n ? lol

01mmmz28 · 23 Feb 2009, 05:25 pm

Quote:

Originally Posted by American Psycho

To get ready to hire on more workers, when the loyal gm crowd says fuk you GM

Maybe they should look at hiring some out of work GM guys.......then they might actually have a mustang capable of beating a stock 1998 6 speed fbody.

American Psycho · 23 Feb 2009, 05:34 pm

Quote:

Originally Posted by 01mmmz28

Maybe they should look at hiring some out of work GM guys.......then they might actually have a mustang capable of beating a stock 1998 6 speed fbody.

yeah really, hiring the GM folks.

don't think they care.
they go with what sales, can you really blame them?

I still think the mustang died in 1994

23 Feb 2009, 03:07 pm	#2 (permalink)
01mmmz28 Obsessed Tremekian Join Date: Dec 2005 Location: Put'n my giggity in Burghs moms cornhole Posts: 7,473 01mmmz28's Gallery	Re: Ford Prospers While GM and Chrysler Suffer Hmmm......Then why was ford using their "reserve" money and they have a 14 billion bail out proposal on standby??? __________________ I own the brits, and I'll sell you one for $20.

23 Feb 2009, 04:13 pm	#4 (permalink)
ray_sir_6 Cool Tremekian Join Date: Apr 2004 Posts: 260 ray_sir_6's Gallery	Re: Ford Prospers While GM and Chrysler Suffer Kia and Subaru have increased sales since last yr. They were low to begin within, but they haven't fallen like all the others. __________________ 91 Miata Greddy Turbo w/ AEM EMS 223whp/191tq/13.51@102 All Mods

23 Feb 2009, 04:15 pm	#5 (permalink)
American Psycho Chinese Food Join Date: Mar 2004 Location: Chinese Food Posts: 18,504 American Psycho's Gallery	Re: Ford Prospers While GM and Chrysler Suffer yeah but who really wants a kia or soobaroo

23 Feb 2009, 04:29 pm	#6 (permalink)
vette12 Veteran Tremekian Join Date: Dec 2005 Location: HAHAHAHAHAHA Posts: 3,654 vette12's Gallery	Re: Ford Prospers While GM and Chrysler Suffer no kia... but eh, i might take a subaru. __________________ K&N filter with modified lid, 52mm TB, ported plenum, Edelbrock High Flo runners, Lingenfelter manifold, ported aluminum heads, Custom grind camshaft by DRM, Roller rockers at 1.5, High flow stainless valves, high perf springs, chrome moly rods, high volume fuel pump, adjustable fuel pressure regulator, MSD ignition, LT ceramic coated headers, full stainless exhaust out straight pipes, All that and it still won't beat an LS1.

23 Feb 2009, 04:32 pm	#7 (permalink)
ray_sir_6 Cool Tremekian Join Date: Apr 2004 Posts: 260 ray_sir_6's Gallery	Re: Ford Prospers While GM and Chrysler Suffer I'd like to have a new STi. __________________ 91 Miata Greddy Turbo w/ AEM EMS 223whp/191tq/13.51@102 All Mods

23 Feb 2009, 04:33 pm	#8 (permalink)
American Psycho Chinese Food Join Date: Mar 2004 Location: Chinese Food Posts: 18,504 American Psycho's Gallery	Re: Ford Prospers While GM and Chrysler Suffer and so would every teenager

23 Feb 2009, 04:37 pm	#9 (permalink)
ray_sir_6 Cool Tremekian Join Date: Apr 2004 Posts: 260 ray_sir_6's Gallery	Re: Ford Prospers While GM and Chrysler Suffer Sweet, so I can totally pick-up teenage girls with it? I'm gonna get one tonight!!! __________________ 91 Miata Greddy Turbo w/ AEM EMS 223whp/191tq/13.51@102 All Mods

23 Feb 2009, 04:39 pm	#10 (permalink)
American Psycho Chinese Food Join Date: Mar 2004 Location: Chinese Food Posts: 18,504 American Psycho's Gallery	Re: Ford Prospers While GM and Chrysler Suffer thought a miata was for that ?

23 Feb 2009, 04:41 pm	#11 (permalink)
ray_sir_6 Cool Tremekian Join Date: Apr 2004 Posts: 260 ray_sir_6's Gallery	Re: Ford Prospers While GM and Chrysler Suffer Of course not, you get the California girls with a Miata. You know... mid 20s, blonde, ****ty, and a perfect body. Something about a convertible. __________________ 91 Miata Greddy Turbo w/ AEM EMS 223whp/191tq/13.51@102 All Mods

23 Feb 2009, 04:53 pm	#12 (permalink)
American Psycho Chinese Food Join Date: Mar 2004 Location: Chinese Food Posts: 18,504 American Psycho's Gallery	Re: Ford Prospers While GM and Chrysler Suffer damn, I need a new ride.

23 Feb 2009, 05:18 pm	#13 (permalink)
01mmmz28 Obsessed Tremekian Join Date: Dec 2005 Location: Put'n my giggity in Burghs moms cornhole Posts: 7,473 01mmmz28's Gallery	Re: Ford Prospers While GM and Chrysler Suffer I thought the miata was for when you went gay club'n ? lol __________________ I own the brits, and I'll sell you one for $20.

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