Monday, May 11, 2009

Ford To Be the Tea Party Car Company ?

That is what the Wall Street Journal thinks.

Ford also might emerge from the current crisis as the largest American auto maker for the first time in more than 80 years. GM had 18.6% of the market in the first quarter of this year to Ford's 14.7%. But GM's lead could be wiped out when the company sheds four or five brands to satisfy President Barack Obama's automotive task force.

The article also goes into the different Ford cars that are coming out in 2010 and if they will be profitable or not. Some of the cars seem pretty interesting and might actually do well once people start buying cars again. I'm liking the look of the Ford Fusion Hybrid which has even better gas mileage (44 mpg) then the Toyota Camry Hybrid (33 mpg.) It kind of reminds me of an old-school Civic and I will seriously consider it if I buy a new car in the future.

One thing that the article didn't go into is that people might start boycotting Chrysler and GM because of the bailout. I was reading several articles about the strong-arm nature of the Chrysler bankruptcy and seeing if it repeats itself with the GM.

Basically a vote against the tactics and the violation of the rule of law by the Obama people is to never buy a Chrysler ever again for any reason. And that goes double for any Fiat sold in the US as well. Ford is the American car company that is not tainted by the UAW or the ownership of the US and Canadian governments pure and simple.

This is a populist backlash type of thing so it will be interesting to see how it will play out for GM and Chrysler emerging from bankruptcy. I'm still of the mind that Chrysler as a brand is dead as fried chicken and Fiat might even be dragged into bankruptcy itself if it isn't careful.

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