The only reason Ford is even participating is to save GM. The supplier base is shared by all three and Ford could make it if Chysler went down but not GM. It just amazes me how everone including the media, groups the three companies as one. People need to do a litte research before they start shooting off their mouth. Ford has done a major turnaround and was profitable the 1st quarter of 2008 before the idots on wall street created the credit crunch and speculation on
oil that took it out the roof. Forecast now is
oil will be $ 20.00 a barrel with gas of $ 1.20 a gallon by 2009. Ford's quality is equal too and now starting to surpass Toyota and leaving Honda in the dust. They have more vehicles in the top safety picks and many vehicles in the top 20 to mid 30 mpg range. The company and Union have negotiated major consessions and can be proud of what they have done. Ford also has$ 18 billion in cash with access to another $ 11 billion. If Ford made one mistake it's they haven't told their turnaound story enough but will clearly come out the winners in this deal. [b]
If you haven't driven a Ford lately[/B].......try one, especially the new crossovers and F150. Toyota's truck can't even be compared to the Ford. Chapter 11 is not an option as the media continues to misrep the true facts and any one of the car companies know if they get into a bankrupt situation that the public will completely avoid purchasing any of their vehicles for fear of declining residual value, no warranty or parts for their vehicles.
"Wake up America!!!!"