Responding to TTAC commentator Ohsnapback, Ford’s Communications rep defended his employer’s turnaround plan. “At Ford we have never said that we have won the battle already,” Jay Ward wrote. “Just that we are making considerable progress against our plan. You are right that the job is not done, but the evidence so far is overwhealmingly [sic] positive.” So far, so PR. And then . . . “We are managing our debt and working hard to pay it off. We are also going to pay back our loans unlike other companies (not just automotive – how about the banks while we are on the subject).” It’s a blunt and entirely accurate appraisal of GM and Chrysler’s chances of returning the government’s $72 billion (plus) “investment” in the failed domestic automakers. Ward goes on to underline Ford’s official position that its $10 billion no-to-low interest, 25-year “retooling” loan from the Department of Energy does not constitute a government bailout. ” . . . we did shun bail out money. We accepted government loans available to all auto manufacturers both domestic and foreign. We have committed to paying these back and I fail to see how we can be critisised [sic] for that.” And just in case you thought the attack on GM and Chrysler’s mega-suckle was a slip of the tongue, Ward makes a second strafing run. “If everyone else pays back every penny that Uncle Sam has ‘loaned’ them, I will eat my Mustang and my Flex.” Jay’s cars are safe. His ability to post on TTAC without interference from The Glass House Gang? Not so much.
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Wheeljack - Ironically Ford did a good job of attracting improt “intenders” to come look at the car, but 2 separate issues...
tonycd - Kyree, you raise a more general question that’s been raised before: Will all the high-end cars of today be essentially unrestorable, even...
mitchw - “There, beneath susurrating trees that send leafy shadows dancing across the Spirit of Ecstasy, safe in the green heart of our city of...
Summicron - Ya, an’ you say it Yoonkers, kinda like Yoopers but a liddle differnt cause it ain’t da same, eh?
doctor olds - @olddavid- Tariffs are just wealth redistribution from consumers to the favored local business. Some have more money(local business and employees), but...
fincar1 - I enjoyed the hell out of this review. I like your writing a lot.
doctor olds - Mr Ryan- I understand you love to confront me, but I said “it is tough to make the business case” with the current conditions. Ford...
fincar1 - I should like to point out that the term Junkers in Germany has more than one meaning.
TW4 - A Wrangler TJ with the 4.0L I-6 and the 3.73 will walk up a 12% grade in 2nd gear. On flat ground, the driver can shift...
Summicron - Only one of those guys shows a proper stance and shouldering of his weapon. The others look like gangstas handed a long gun for the first time.