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03-02-2011, 01:58 PM
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11,975 posts, read 8,610,331 times
Reputation: 9344
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Quote:
Originally Posted by goodfella24
Buick maybe becoming a strong brand i didnt hear the lacrosse was selling much, I knew the Enclave was, i hadnt seen sales specs for the new regal yet so i didnt mention it, Im proud of GM theyve back back I think the last time I checked alittle over half the bailout money and its a smart move to Make Chevy the strongest brand they have while paying it back because Chevy is their cash cow. As For Ford theyre doing well here I dont beleive theyre in debt to the government and when I did read on it, it didnt say they took the line of credit, they said it was available to them. I knew GM's Buick brand was I think still is one of if not the biggest seller in China and the south pacific.
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Ford has it's own debt that has nothing to do with the bailout (though Ford Credit did take bailout money, but that's a different story). Ford mortgaged their own assets (even the Blue Oval) to raise cash. They currently have about a $20+ billion debt load that they have been chipping away at.
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03-03-2011, 04:23 AM
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Location: South Jersey
7,361 posts, read 6,210,254 times
Reputation: 1820
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Quote:
Originally Posted by NJGOAT
Ford has it's own debt that has nothing to do with the bailout (though Ford Credit did take bailout money, but that's a different story). Ford mortgaged their own assets (even the Blue Oval) to raise cash. They currently have about a $20+ billion debt load that they have been chipping away at.
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and since you brought that up. Ford is the *only* privately owned American car company left.. Thank about that.. There was a time when there were a hundred American car companies and now there is one
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03-03-2011, 08:27 AM
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11,975 posts, read 8,610,331 times
Reputation: 9344
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Quote:
Originally Posted by frankgn87
and since you brought that up. Ford is the *only* privately owned American car company left.. Thank about that.. There was a time when there were a hundred American car companies and now there is one
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Very true. GM will eventually be privately owned again, probably within the next few years. However, Ford did what it had to do to stay solvent. They bet the farm and so far they are winning.
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03-03-2011, 09:37 AM
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Location: Pikesville, MD
3,230 posts, read 2,713,132 times
Reputation: 2105
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Quote:
Originally Posted by frankgn87
and since you brought that up. Ford is the *only* privately owned American car company left.. Thank about that.. There was a time when there were a hundred American car companies and now there is one
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Well, there were never a hundred MAJOR automobile companies. Since many were minor players, then you could say there are still a lot of privately owned American car companies. Not all of them make many cars, and one of the classics is holding on by a thread with only one old prototype to it's name (Packard).
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03-03-2011, 09:38 AM
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Location: Texas
22,706 posts, read 14,068,766 times
Reputation: 23932
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Quote:
Originally Posted by jc76
Ford is by far the only American car I would ever own (beside old muscle and classics). My only problem with electric cars is the way your confined to however far the car goes on a charge which means no more long road trips 
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Never mind if you get stuck in some freaky traffic jam and then just run out of juice.
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03-03-2011, 10:10 AM
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Location: South Jersey
7,361 posts, read 6,210,254 times
Reputation: 1820
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Quote:
Originally Posted by Merc63
Well, there were never a hundred MAJOR automobile companies. Since many were minor players, then you could say there are still a lot of privately owned American car companies. Not all of them make many cars, and one of the classics is holding on by a thread with only one old prototype to it's name (Packard).
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I did not say major did I? There were over 1800 automobile manufacturers in the United States from 1896 to 1930..
Look at this list of at least 500..
http://en.wikipedia.org/wiki/List_of..._manufacturers
another list.. just of electric cars!
Early Electric Automobile Manufacturers
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03-03-2011, 11:21 AM
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64 posts, read 31,873 times
Reputation: 42
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Dude, Harleys have imported parts as well!
and btw; Hyundai are built in America with American workers.
The new 1's are great cars. 
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03-03-2011, 11:50 AM
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134 posts, read 150,988 times
Reputation: 43
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Quote:
Originally Posted by Cyberguy1950
Dude, Harleys have imported parts as well!
and btw; Hyundai are built in America with American workers.
The new 1's are great cars. 
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all the foreign companies have factories here with american workers to get over with the american public and for 12-14 dollars an hour in the south why not? ur money still goes to a korean company and the korean economy tho, major difference.
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03-03-2011, 11:56 AM
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64 posts, read 31,873 times
Reputation: 42
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The taxes stay here though . 
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03-03-2011, 12:12 PM
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Status:
"Got a decent tomato"
(set 12 days ago)
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Location: N of citrus, S of decent corn
12,609 posts, read 12,665,383 times
Reputation: 19054
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I'm glad for Ford, but I wish they weren't so darn white bread, compared to other cars.
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