Meredith Ford

[songkrai]

Good luck to them.

Ford makes a fine product now. Just as good or better then the Japanese. And many/most of the Japanese cars are made right here in the good ole USA.

[Lakesrider]

During the Bail out time period, Ford had arranged for a 9 Billion dollar line of credit should the economy falter more. They also received 5.9 billion to retool factories via Gov't loans. In it's 2008 letter to Congress it stated that it would be initiating a $14 billion plan to produce more energy efficient vehicles. $5.9 Billion of that coming from Government loans. So indeed they did receive assistance from the Gov't. Just not under what is called a bailout or bridge loan.
Ford also lobbied hard for the Cash for clunkers and the Bailouts to Chrysler and GM as Ford would have also been hurt through supplier overlap which would be hurt if the bailouts did not happen.
So Bailout (bridge loan) no....But they didn't get nothing out of the Gov't during this time frame. And let's not forget that these "Bailouts are simply loans. Not free money. Everything is due to be paid back. Sorry. I just can't stand it when I hear people say that they won't buy a car from a Bailed out company. Don't kid yourselves. Ford got bailed out too.
Maybe we shouldn't buy a house from someone that got Federal mortgage assistance either? Hmmmmm.......

[fatlazyless]

Driving past the Meredith location today, it is clear that it is totally closed up now and all that remains is the very large sign out front that says "FORD" in the blue and white Ford Oval.

My crystal ball tells me that this too, the big Ford Sign, will soon be getting trucked over to Plymouth for an install at their new Plymouth location.

One quick question; will the business be called Meredith Ford, now located in Plymouth, or will it be: Plymouth Ford, formerly located in Meredith?

For what it's worth; I'd call it Plymouth Ford, just because it is a heck of a lot less confusing than calling it Meredith Ford, now located in Plymouth!

[Greene's Basin Girl]

Originally Posted by fatlazyless

Driving past the Meredith location today, it is clear that it is totally closed up now and all that remains is the very large sign out front that says "FORD" in the blue and white Ford Oval.

My crystal ball tells me that this too, the big Ford Sign, will soon be getting trucked over to Plymouth for an install at their new Plymouth location.

One quick question; will the business be called Meredith Ford, now located in Plymouth, or will it be: Plymouth Ford, formerly located in Meredith?

For what it's worth; I'd call it Plymouth Ford, just because it is a heck of a lot less confusing than calling it Meredith Ford, now located in Plymouth!

I believe the Plymouth location has been there for years.

[no-engine]

Originally Posted by Green's Basin Girl

I believe the Plymouth location has been there for years.

YES! It has.

[Happy Gourmand]

Originally Posted by fatlazyless

Driving past the Meredith location today, it is clear that it is totally closed up now and all that remains is the very large sign out front that says "FORD" in the blue and white Ford Oval.

My crystal ball tells me that this too, the big Ford Sign, will soon be getting trucked over to Plymouth for an install at their new Plymouth location.

One quick question; will the business be called Meredith Ford, now located in Plymouth, or will it be: Plymouth Ford, formerly located in Meredith?

For what it's worth; I'd call it Plymouth Ford, just because it is a heck of a lot less confusing than calling it Meredith Ford, now located in Plymouth!

Why not? Laconia Harley Davidson is in Meredith!

[SIKSUKR]

Originally Posted by The Phantom Gourmand

Why not? Laconia Harley Davidson is in Meredith!

Good point.I noticed Kentucky Fried Chix and Boston Chicken in Manchester the other day.

[no-engine]

Originally Posted by The Phantom Gourmand

Why not? Laconia Harley Davidson is in Meredith!

When current owners bought, they changed the name. Maybe former owners would not release the name's registration... Only speculation...

Development "Meredith Bay" is in Laconia ~ stupid if I were asked.

[Pineedles]

Originally Posted by Lakesrider

During the Bail out time period, Ford had arranged for a 9 Billion dollar line of credit should the economy falter more. They also received 5.9 billion to retool factories via Gov't loans. In it's 2008 letter to Congress it stated that it would be initiating a $14 billion plan to produce more energy efficient vehicles. $5.9 Billion of that coming from Government loans. So indeed they did receive assistance from the Gov't. Just not under what is called a bailout or bridge loan.
Ford also lobbied hard for the Cash for clunkers and the Bailouts to Chrysler and GM as Ford would have also been hurt through supplier overlap which would be hurt if the bailouts did not happen.
So Bailout (bridge loan) no....But they didn't get nothing out of the Gov't during this time frame. And let's not forget that these "Bailouts are simply loans. Not free money. Everything is due to be paid back. Sorry. I just can't stand it when I hear people say that they won't buy a car from a Bailed out company. Don't kid yourselves. Ford got bailed out too.
Maybe we shouldn't buy a house from someone that got Federal mortgage assistance either? Hmmmmm.......

Interesting Lakesrider. I heard your surgery went well, looking forward to seeing you post again. The public perception is that Ford received no bailout. Wonder why the anti-business crowd haven't tried to tell the story. I hadn't heard of your version till now.