this post was submitted on 28 Jun 2026
520 points (98.9% liked)
Technology
85833 readers
3522 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Billions? Fuck, they might need to get bailed out with taxpayers' money!
Say what you will but Ford was the only one of the big three that didn’t take money directly. That isn’t to say they didn’t benefit from those programs however.
This move was still colossally stupid. They tried to save millions and costs themselves billions.
This is a myth the internet will not let die. Ford did not take the Obama bailout because they didn't qualify, as they already took a huge bailout by Bush a year prior.
My link is to factcheck.org so if you have another link I’d be willing to read it.
Edit: I went searching for what you’re talking about around the 2007ish time period and I simply can’t find it. Everything is about TARP in 2008 which started with Bush and Ford didn’t take from. Ford did take a 5.9B loan from the Department of Energy in 2009. Looks like they did pay that loan back but have since taken another.
It's not a myth, it's all public record. FORD got six billion in low-interest loans (at least, I didn't look up every year).
You can see for yourself at your leisure. Search "Ford bailout loans"
They didn’t qualify because they weren’t struggling as badly, the F150 is the best selling truck in the world and domestic sales of the mustang and focus were their buoys. Not qualifying is a good thing… they didn’t need to take the bailout so they weren’t offered to
Ford got six billion in low-interest loans with fantastic terms, that's a bailout