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Lost amongst billy's usual 'anti-anything Holden' post is the fact that Ford is in only a marginally better financial position. Ford is far smaller, but was smart enough to arrange a loan prior to the GFC. That will help Ford in the short term, but won't stave off the same problems afflicting the big GM. Both (all) US car makers are suffering from the effects of the UAW, producing poor vehicles, and now reeling from the self-perpetuating effects of people not buying cars from makers in financial trouble.
Enjoy your short-term glee, billy-boy. The long term effects of this financial melt-down will get to all car makers eventually. I note in your link that Ford was posting an $8.8 billion US loss, after posting losses of $2.7 billion US in '07, $14.5 billion US in '08, and $5.9 billion US for the first quarter of '09. When you're smaller, those losses are bigger.
Maybe when there's a few more hundred thousand workers in the US unemployed, when GM AND Ford have gone down the gurgler, and Supercars have ceased to be, you can pop up here and tell us your opinion on Mark Skaife once again.
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