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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Tomifobia - You sound like a disgruntled third party.
car_guy2010 - Yes. YESSSSS!!! More features like this and less of Bertel’s dyke-bashing please!
28-Cars-Later - That’s nice to hear… the Panther is obviously a superior choice :)
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maciejewskiadam - Jonny- great review. I have one thing to say, though: ‘Aluminum Look’.
MRF 95 T-Bird - Corvair’s with automatic transmissions(Power-glide) had the lever on the dash which lacked the Park function. Just...
Scoutdude - Those Chinese bumpers will likely loose their chrome or start rusting like crazy in only a couple of years and even brand new it...
Landcrusher - No, I in no way even implied that. You could demilitarize DARPA, whatever. Besides...
86SN2001 - Warning, threat…….whichever works I guess.
jmmz - I still have my blue 1983 Honda DX automatic Hatchback and it is going strong. Super fun to drive.