Quote:
Originally Posted by bmxmon
Im wondering if the US govt would let Ford/Gm be bought out by foreign auto manufacturers. I dont know what the exact situation was with the airlines, (I dont think anybody wanted to buy them) but I wonder if the govt would step in, though they did nothing for Chrysler. Just a thought.
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The answer to this question is no. They might be willing to find a way to help bail Ford out of a bankruptcy situation if there were no suitors like was Chryslers situation a couple times in the 80s, but they would not step in to block a large Japanese or European auto manufacturer making an outright purchase of or aquiring controlling interest in Ford Motor Company. They might step in and make it difficult if they felt the purchaser was not financially able to absorb Ford's operations which would result tens of thousands of US jobs being on the line. It's also likely that some legislators would make lip service arguments against it to console their constituents filing complaints, but ultimately, there isn't a whole lot the government could or would want to do.