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this post was submitted on 10 Jul 2025
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... then you simply have no excuse anymore to exist at all.
Well they wouldn't if not for that hefty bailout by the American taxpayers that they got back in 2008.
Ford was the only one not to take a buyout, FYI.
Ford wouldn't survive BYD either, though.
Greed rules the Western world.
https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/
They still hadn't paid it back in full in 2022.
This is definitely worth mentioning but it's also good to note that it was a loan not a bailout and Ford has repaid it.
Documents filed by Ford show the company owed payments of $591 million in 2020, $591 million in 2021, and $289 million in 2022. As of this year, the loan has been completely repaid. But the compact cars it built with the original loan have since been discontinued.
Ford also received a $9.2B loan for EV battery factory projects from the government.