Ford Motor to repay $4 billion more i...

Ford Motor to repay $4 billion more in debt

There are 24 comments on the story from Jun 30, 2010, titled Ford Motor to repay $4 billion more in debt. In it, reports that:

Ford Motor Co. says it's making another $4 billion payment on its huge debt. The company will pay $3.8 billion in cash to a United Auto Workers trust fund that pays retiree health care bills.

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Since: Aug 09

Saint Paul, MN

#1 Jun 30, 2010
I'm glad to see Ford is doing well. It goes to show that WITHOUT government handouts, private businesses can get through financial hard times. How's GM doing?
USMC 67-70

United States

#2 Jun 30, 2010
Thanks Ford for not taking government hand outs. Private enterprise can work and work well.

Maple Plain, MN

#3 Jun 30, 2010
Good for Ford doing well. I always bought GM and no more now that the government has its hands in it. I will buy a Ford, thank you. I hope they do really, really well and jump way ahead of GM.

Since: Apr 08

Twin Cities

#4 Jun 30, 2010
Encouraging news. I hope the trend continues to bring the company back to long-term prosperity.
teed off

Minneapolis, MN

#5 Jun 30, 2010
Good job Ford!
At least one big American company seems to be making good decisions and may make it through this economic slump better than it was.

For them though it all started with making better cars, they have some really well made, well designed cars out and more coming. Personally I've only been buying foreign cars for quite a while as domestic cars weren't even close to as good for the money, but Ford definitely has some cars out now that I would consider.

GM and Chrysler are putting out mostly garbage and it shows. The Corvette is the only car from either one of them that I would even want to own.

Minneapolis, MN

#6 Jun 30, 2010
I have always bought GM but because of Fords action my next truck will be a Ford. I honestly can't believe I am saying that but that is what I will be doing. Thank you Ford for figuring it out without the gov't. Hopefully the Union will also learn something here also. The Gov't can't save you...Do you Get it?

Saint Paul, MN

#7 Jun 30, 2010
No government handouts? Private enterprise working? Are you all forgetting the $1.25 billion that Ford got through the Federal Reserve's TALF program, or the $5.9 billion Ford got from the DOE? Face it: we would not have an American auto industry today if it weren't for government involvement. All of you anti-government types can go around and point to your false heroes, but know this: everybody has benefited from "government intrusion" in one way or another.

Burnsville, MN

#8 Jun 30, 2010
Wow, Ford is on Fire. Paying back debt with revenue, what a concept. Maybe Obama Motors will figure this out some day instead of paying back tax payer debt with tax payer bailout money!!
R Peltier

Delano, MN

#9 Jun 30, 2010
My next car's a ford, no more government motors for me! Maybe a mustang gt.
no problem

Chisago City, MN

#10 Jun 30, 2010
This is what happens when government keeps it's nose out. When will the OLdblama backers see this

Since: Apr 10

Anytown, USA

#11 Jun 30, 2010
Kudos to Ford. I see a Mustang in my future...
More bars in more places

Cadott, WI

#12 Jun 30, 2010
Nice to hear that the company that actually followed the rules, made the hard business choices, and turned itself around without the government involved is doing well.

I have been a long time fan of GM products, but they have seen my last dollar, I won't supprt a company that was stolen from the rightfull owners (bondholders and shareholders) and fed to the unions as payback for electing their stooge to the Whitehouse.

Next time, Ford or Toyota will get my transportation purchase.
2010 is now

Minneapolis, MN

#13 Jun 30, 2010
If it wasn't for the UAW they'd be debt free. It's amazing they've accomplished what they have with such a big union horse collar around their neck.

“Great place to live”

Since: Jan 09

Grand Rapids, MN

#14 Jun 30, 2010
Great news for Ford. It may or may not be my next ride, but I will definately look at Fords. As for GM,I wonder who approves these models going into production? Other than Cadilac and Corvette, the cars are ugly. Look at the back of a Traverse. it has no theme, no continuity. It is like they tacked on parts(mostly plastic) from 4 or 5 different vehicles. What were they thinking? Oh I forgot these are the people who brought us the Pontiac Aztec.

Carlton, MN

#15 Jun 30, 2010
I own four Ford products and am proud of it. I would never buy a new GM or Chysler product again. For those of you considering a new Mustang, go for it. You will not be sorry

United States

#16 Jun 30, 2010
Why Ford? Why Now? THIS IS WHY!!!! Way to go Ford and I'll never own anything but! Kinda shoving their extremely successful capitalism right up the gov't rear end! whooo hooo

Fairmont, MN

#17 Jun 30, 2010
Ford for now

Saint Paul, MN

#18 Jul 1, 2010
I won't buy a Gobernut car!

If I do that it is supporting Obomba, and I won't do that EVER!

It would be better to have a depression than turn the USA into the USASSR.

A depression ends quicker than a Socialist state.

Pittsburgh, PA

#19 Jul 1, 2010
Incredible70 wrote:
I'm glad to see Ford is doing well. It goes to show that WITHOUT government handouts, private businesses can get through financial hard times. How's GM doing?
Just UNITED AUTO WORKERS money, Handouts are Handouts.The reason they didn't take the government money back then,was because the government was telling them they would have to stop making the Mustang.

Pittsburgh, PA

#20 Jul 8, 2010
I thought Ford bragged about not borrowing money,WTF

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