Feds Back GM But PURCHASE More Fords – Imagine That!

17 Feb

On an interesting bailout-related note, USA Today reported last month that even though the US government held a 61% share in General Motors, its vehicle manufacturer of choice was Ford.    Here’s a quote:  “The feds bought 21,980 vehicles directly from Ford in the year ended Sept. 30 (2010) – – 540 more than from General Motors, according to a Bloomberg News report based on data it got with a Freedom of Information request from the General Services Administration.”   For more information visit: http://content.usatoday.com/communities/driveon/post/2010/12/government-owns-gm-but-buys-fords/1