[Long Carbine]

Originally Posted by MLL67RSSS

Yes, Ford had just lost 15 BILLION the previous 2 years and saw the economic storm was coming and had a BIG fire sale. Sold off Jaguar and Land Rover for 2.3 billion (about half what they paid), liquidated most of their Mazda holdings, sold off Volvo, etc. Basically strip mined the company of anything worth anything to "focus on the Ford brand." Had they not been in the position to sell all that off at some big losses they'd have needed a bailout as well. Heck Ford even sold the Ford blue oval for 1.5 billion but obtained rights to still use it of course.


http://www.nytimes.com/2008/03/26/bu...6cnd-auto.html

http://www.autoevolution.com/news/fo...res-26573.html

http://articles.nydailynews.com/2010...ar-tata-motors

http://www.thetruthaboutcars.com/200...either-do-you/

What's that got to do with the price of broiled cat in Malaysia?

They didn't rip off stock holders like Barack Obama did and shut down 100's of dealerships and shutdown 14 plants and laid off 10k workers like Obama and GM did.

Librools like to thump their chest to the fact GM is selling the most cars. GM has always sold the most cars. Toyota outsold them a few months. Even when GM went backrupt. GM was not making any money off the cars they sold because of labor cost and pensions, none of which they addressed and will eventually take them down again.