Thursday, November 5, 2009

MSM Finally Realizes Consumers are Supporting Ford and Shunning GM, Chrysler


Ford reported a surprising third quarter profit of $1 billion. Ford sales have been much stronger than GM and Chrysler since the auto manufacturing takeover by Team Obama. Common sense says that Americans are rewarding Ford and shunning UAW owned Chrysler and government owned GM. Now, the mainstream media can no longer continue to ignore the facts.

From NewsBusters:
In the eighth paragraph of their article covering October's auto sales, AP reporters Tom Krisher and Dee-Ann Durbin recognized part of the reason -- and perhaps the most important reason -- why Ford has been cleaning the clocks of General Motors and Chrysler all year long:

Ford has benefited from consumer goodwill because it didn't take government bailout money or go into bankruptcy protection, as General Motors and Chrysler did.

Ford will be hampered by a competitive wage disadvantage for the next two years. The UAW membership refused to give Ford the same concessions they gave the bailed out auto manufacturers. One of the criticisms of giving the UAW such a large stake in bailed out Chrysler and GM was the UAW would have little motive to give Ford a good contract when they owned significant parts of Ford's competitors. This seems to be coming to fruition more quickly than anyone imagined.

1 comment:

Timeshare Jake said...

I bought a Ford. I used to hate Fords, and then came the bailouts.