[Vision2020] Bailout Funds and the Auto Industry

[Art Deco]

Wasn't Ford the only major U.S. automobile manufacturer not to take bailout funds?  And GM, who took them, now foreign owned and profitless?

W.


Breaking News Alert
The New York Times
Thu, January 28, 2010 -- 7:13 AM ET
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Ford Says It Made $2.7 Billion in 2009, Its First Annual Profit in Four Years

The Ford Motor Company said Thursday that it made $2.7
billion in 2009, and that it would be profitable in 2010 and
beyond. Ford says it benefited from cost-cutting, debt
reduction and popular cars and trucks like the Ford Fusion
sedan and Escape SUV. Ford's net income of 86 cents per share
rose from the year before, when it lost a record $14.6
billion.

Read More:
http://www.nytimes.com?emc=na
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