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  • 3 Post By blwnsmoke

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Old 07-08-2014, 10:18 AM

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Ford accepted a Government loan?

I was upset when I learned that the Dept. of Energy loaned Nissan 1.4 Billion in order to build the Leaf. So, I started to do a search and found this:

Ford, Nissan Quietly Received Loans From Department of Energy For Fuel-Efficient Vehicles

Kind of old, but can we still say Ford never accpeted a loan? Or can we just say Ford never accepted a Bailout Loan?
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Old 07-08-2014, 11:01 AM
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Re-tooling and bankruptcy/bail out are two different arguments
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Old 07-11-2014, 05:34 PM
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Ford took a loan and paid back in full. GM took a bailout, went bankrupt and then did not have to pay back the 11.2 billion the tax payers lost.

Completely different.
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