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How well will FORD Motor Company do against Government Motors?
Can FORD even compete knowing that at anytime Government Motors can go to their coffers (our tax money) and spend as much as they like.
13 Answers
- hevben982Lv 51 decade agoFavorite Answer
Yes I believe they can do very well. Ford will actually be able to manufacture vehicles that people want to drive. I like to drive trucks or SUV's and it looks like Government Motors is going to get rid of those types of vehicles at GM. Trucks and SUV's were the most profitable for GM.
I own a Chevy truck but I will not buy another GM vehicle as long as the government owns any part of them especially if they try and force the company to build vehicles I don't want to drive.
- Anonymous1 decade ago
as long as GM is owned by the government I will not buy GM and I have had a Chevy for 30 years. My next truck will be a Ford unless Gm has gone back to private industry. So I think Ford will do much better.
- Anonymous1 decade ago
Ford will do OK, its a well-run company. Their cars aren't sexy but they are well made and reliable. But the competition is global, so GM is weak competition next to the real threat: non-union competitors overseas (Japan, Korea, etc).
You don't have to like that fact, but that's the world we are in. Time to accept that and forget about Unions in a global economy... we can never win with a union controlled industry. They can accept the reduction in benefits that comes with nonunion labor, or lose their jobs altogether. That's the unfortunate reality.
- Anonymous5 years ago
You should not give up on this. You should make a point to borrow the money needed, redeem the truck and immediately sell it to pay back the loan. The auction sale under best circumstances will recover most of her equity. But often a shill will be present to pick up the vehicle for a song, and stick her with the 'shortfall'. Under your own terms you will almost always get more money than that auction will bring.
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- Anonymous1 decade ago
My Ford stock that I bought in March is up 94 percent.
I also doubled my money buying GM stock and selling it to suckers who buy on the bounce for $2.80 a share. The stock is now worth 87 cents a share today.
- Alex SmirnoffLv 41 decade ago
GM already engages in unfair business practices, propped up by truckloads of free taxpayers money.
Perhaps you have noticed TV ads aired by GM like "No interest for 48 month on our cars". GM can afford to lose OPM (other peoples money) and Ford cannot afford to lose FOM (Fords own money)
- brainhoney1Lv 71 decade ago
I believe they'll do better than ever -If people are smart enough to figure out exactly how much money they've been screwed out of for a Gm/Chrysler car with all the bail out money given to protect the UAW
- 1 decade ago
The government will support GM or they will have to support the several States that become wastelands because of GMs failure. Michigan itself would need to be bailed out : its governement, the local governments, the hospitals, the whole state will crash.
So you can chose to support GM with tax money or support the failing States. Either way your going to pay.