Quote:
Originally Posted by Mayhem
Just curious... Why is it some people seem to be under the impression that the EV development has somehow contributed to keeping Ford afloat...... and is the reason they didn't require bailout?? To my knowledge, (correct me if I am wrong in thinking this way)... the profits and stability of the company from bailout time until present... have very little to do with the EV development. The company has been stable without yet seeing the EV projects come to full fruition to a point where they are turning a profit. If anything, it cost them more during that time, than it made them so far. So, I fail to see it being a factor in why they didn't go under... More of an investment for the future?
EV's were merely work on the side, aiming to keep them advancing technologically and keep them competitive in the long run... Nothing to do with short-term and present financial stability.
I'll still never understand why people gotta blindly decide to parade about supporting one or the other.
I am happy that I get to enjoy MORE vehicles, because I am not a raging fanatic, blinded by stupidity and shunning other brands because of a logo and desperately wasting my time to seek out reasons to hate them more. I'd rather drool over the best vehicles every company has to offer than wait for one company to make something interesting/new.
Some of yall seem hug deprived.
And these debates are silly. Two big successful companies with a long history, and a lot of awesome vehicles made.
Without one or the other, these cars would be no where near as awesome as they are. Competition alone has inspired constant growth in design and engineering that has propelled vehicles from all brands well beyond what anyone could have dreamed up when these companies first began. Be glad the competition exists.
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If you do some searching you will find it wasn't "just" for ev's. Alot of that money was used to retool old plants for new smaller more fuel efficient cars so to hang up on the ev's isn't a true representation of what the money was used for. Really it was just a little bit of luck that the government stepped in when they did to help out or even ford would have filed for bankruptcy. If any of you guys feel that ford wasn't dare I say bailed out/prevented from going bankrupt just do some searching and you will find plenty of good reading.
As far as the companies being held accountable for the money they borrowed they should have to pay it all back plus interest just like we would have to if we borrowed money. Now the money that won't be paid back for whatever reasons you can't completely blame GM for that since it was the government that agreed to those stipulations which is yet another reason why we are so screwed up these days. Hell how many of the people that trash GM for taking money and not paying it back have filed bankruptcy themselves? Alot but because it wasn't such a large amount or directly paid for by tax payers they feel it's ok right? Wrong! That debt tricked back down to every single one if us so take your share of blame right along with everyone else who just said screw it and let all there debt go and blame it on the banks for letting them do it. End rant.....
