Quote:
Originally Posted by Adder
We bailed out GM and Chrysler (don't recall whether Ford got help) because of the direct loss of jobs in the auto industry associated with their failure. That would have been bad, but that's not the stuff of total economic collapse.
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Ford did not.
One of the requirements to get the money was for the two companies to close out tons of dealers. They had too much inventory sitting on too many lots. And they did close them, which was painful and lots of lawsuits.
But lately I've seen them opening new ones. Like there was a half life on the commitment to close them?
