This isn't helpful.
"The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid bankruptcy."
... "All three CEOs - Rick Wagoner of GM, Alan Mulally of Ford, and Robert Nardelli of Chrysler - exercised their perks Tuesday by flying in corporate jets to DC. Wagoner flew in GM's $36 million luxury aircraft to tell members of Congress that the company is burning through cash, asking for $10-12 billion for GM alone."
... "Wagoner's private jet trip to Washington cost his ailing company an estimated $20,000 roundtrip. In comparison, seats on Northwest Airlines flight 2364 from Detroit to Washington were going online for $288 coach and $837 first class."
... "Ford CEO Mulally's corporate jet is a perk included for both he and his wife as part of his employment contract along with a $28 million salary last year. Mulally actually lives in Seattle, not Detroit. The company jet takes him home and back on weekends."
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Not that I'd want to have the "BIG 3" go under but, "Have you driven a FORD, lately?"
What a piece of crap. Honestly, you couldn't give me one of their products. I'd turn it down.
I guess it's time for all the ageing hockey fans to step up and buy a Ford, since they've turned their backs on racing (all Gretzky ads). Them and GM with Orr. Looks good on 'em.
I drive a Focus. It is a pretty good car. GM has some decent cars now too. Too late to make up for decades of crap cars and bad service? Time will tell. If car companies use old hockey players to advertize their products instead of racing, it is because market research shows it works better. Stop thinking the car companies have a duty to throw money into racing. No one likes the idea of a bailout for the big 3. The problem is all the collateral damage through the economy if they go under. If they get the loan guarantees they should have to get management that is not stuck in the 70s that will build cars for the future instead of dinosaur SUVs and suburban pickups.
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