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Auto Bailout?

 Sent to me by a friend:

Ford has spent the last thirty years moving its factories out of the US, claiming it can’t make money paying American wages.

TOYOTA has spent the last thirty years building more than a dozen plants inside the US. The last quarter’s results: TOYOTA made $4 billion in profits while Ford racked up 9 billion in losses.

Ford folks are still scratching their heads, collecting bonuses, and wanting a bail-out.



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One response to “Auto Bailout?”

  1. Mumbai says:

    Quite Poignant. At times I wonder if the top management in America really know how to run Businesses. They’ve just been inflating themselves with all the hot air and virtual dollars it’s time to burst.

    First the banks, now the Madoff scandal. This is just the tip of the iceberg

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