Remember When Ford 'Cancelled' That Plant In Mexico? Well....

It actually did Sir.. Here's some info to confirm that:

''Ford Motor owes the government $5.9 billion it borrowed in June 2009, the same month GM filed for bankruptcy. By Sept. 15, Ford needs to start paying that money back. In a government filing, the carmaker said $577 million is due within the next year, and the full amount must be paid off by June 15, 2022.''

[link to www.forbes.com (secure)]

''The U.S. government bailout of the auto industry lasted from January 2009 to December 2013. The Big Three automakers approached Congress in November 2008. They warned that, without the bailout, GM and Chrysler faced bankruptcy and the loss of one million jobs. Ford didn't need the funds, since it had already cut costs. But it asked to be included so it wouldn't suffer by competing with subsidized companies.''

[link to www.thebalance.com (secure)]

Also from 2009-2013 they received a lot of taxpayers money via other, more secretive programs of state funding:

[link to www.chevyhardcore.com]


Conclusion is that Ford did not get as much as GM in the 2008 TARP bail out program, but they received taxpayers money via other funding channels.