• Mel Posted: 7/23/2010 6:51am PDT

    They paid back with TARP money!!??!!
    So really we gave them the money as a loan and then we paid it off with more of OUR money... An yet Ford borrowed, and made a profit...

  • MG Posted: 7/22/2010 3:44pm PDT

    @ Viral. All automakers use parts made in many companies. The American Car company hasn't changed. GM, Ford and Chrysler profits stay in the US. The import profits like Honda are sent back to their respective countries like Japan, Korea, etc. Why is that so hard to understand?

  • JKD Posted: 7/22/2010 7:13am PDT

    TARP was not about generating profits but about keeping the house of cards relatively stable. It's a nice bonus if we break even or get some interest back.

  • someautoguy Posted: 7/22/2010 2:57am PDT

    It should be noted that the auto companies are using some of these funds to open new manufacturing facilities....in Mexico.

  • nobody Posted: 7/21/2010 9:50pm PDT

    You have terrible math skills. Since when is 10% better than 15%?

  • R2Dad Posted: 7/20/2010 12:12pm PDT

    Good summary. Things should continue slow but gradually improving, as long as interest rates remain at rock-bottom levels. If rates shoot up any time before 2012 it could take much longer to get our money back.