Remember that Ford was also a proponent of the GM/Chrysler bailout. What did they get from it? They got parts suppliers who were still operating to sell Ford parts – the same suppliers sell to all three, and many would not have survived had G and C gone under. So Ford’s financial health and very survival had a vested interest in the other two companies being bailed out…much like the financial health of the US.
Apr 12, 2017