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Old 06-26-2016, 06:24 PM   #41
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Old 06-26-2016, 06:56 PM   #42
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I am sure I will be beaten for this but, An oldie but a goody.
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Old 06-26-2016, 06:57 PM   #43
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Whats the difference between a Ford and a shopping cart?

A shopping cart is easier to push.
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Old 08-13-2016, 12:37 PM   #44
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Federal
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Declined


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Old 08-14-2016, 04:41 AM   #45
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Ford took plenty of money from the Feds a year before the auto bailout and more during the bailout.


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Old 08-14-2016, 05:08 AM   #46
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Not a Ford, Chevy, or Ram/Dodge, but maybe a bit of an overkill for the job.

And maybe the second one is a bit of an underkill.
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Old 08-14-2016, 06:23 PM   #47
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So true
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Old 08-15-2016, 09:53 PM   #48
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Originally Posted by retiredcamper47 View Post
Federal
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The breakdown of the Automotive Industry Finance Program

General Motors was awarded a $13.4 billion loan

Chrysler was given a $4 billion loan. These amounts were determined to be the best alternatives for the companies by congress.

Congress decided that the best alternative for Ford was to get funds from the Term Asset-Backed Securities Loan Facility (TALF), which is a government program for auto, student, and other consumer loans. These were very low-cost government loans to the tune of $5.9 billion that helped Ford tip-toe past bankruptcy and overhaul their factories to bring out more fuel-efficient technology.

Ford Credit borrowed $15.9 billion dollars as opposed to GMAC, GM’s financing arm which borrowed $13.9 billion.

GM paid the money back because the federal government got to effectively run the company until the money was paid back.

Chrysler paid the money back because it was one of the terms of their sale to Fiat.

Ford hasn't paid it back because they have a super low interest rate and they can put the money to better use than paying back the loan.

So even though FORD was never run by the Obama administration, they still owe money to the US taxpayer.
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Old 08-15-2016, 09:55 PM   #49
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Let's get some humor back in this thread and it is not Chevy vs. Ford.
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Old 08-16-2016, 08:20 AM   #50
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F5moab, Hahahahahahaha. Well played
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Old 08-16-2016, 08:31 AM   #51
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F5moab, Hahahahahahaha. Well played
X2!

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Old 08-16-2016, 08:13 PM   #52
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I do think that model is not high on the good-looking chart.
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Old 10-13-2016, 11:22 AM   #53
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F5moab...Funny! I laughed out loud at that!


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