By on November 10, 2009

Bomb thrower? (courtesy 1.bp.blogspot.com)

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.

Recent Comments

  • TonyJZX: Yep. this is a home run. It has instant knockout styling. It does recycle a few cues but this is a good...
  • ToddAtlasF1: Why on earth do you think the Buick-Rover V8 is reliable? Head on over to a Land Rover forum and read...
  • Eyeflyistheeye: Great. It’s like Ferrari built a 328GTS using 2017 technology. No, I mean it. I am almost in...
  • Eyeflyistheeye: There is no DLO fail. This is an obvious homage to the 328, which completed its roofline with a black...
  • Tstag: The Defender has the uber reliable Buick V8 so I won’t worry about reliability. It’s also the best...

New Car Research

Get a Free Dealer Quote

Staff