As President Obama proclaims he does not want to be in the auto industry, he now controls over 50% of GM's board. Meanwhile F-Chrysler struggles to stay afloat until the Fiat designs can be produced here in the US. One of the ways Obama wants these car companies to retool is to get out of the truck and SUV markets, to concentrate on green cars. This leaves these markets to Ford, Mitsubishi, Nissan, and Toyota.
But just you wait, there is an even greater reason for Ford to smile as they tote lots of greenbacks to the bank. A friend last night mentioned that the General Service Administration[GSA] is still buying Ford vehicles. I quipped about them not getting the memo. Well it dawned on me today why GSA is still buying Ford products. You see there is this cute little protectionist law that Congress passed, it requires all federal agencies to purchase through GSA their fleet vehicles from American car manufacturers. By kicking GM and Chrysler out of the truck and SUV markets, Obama is making Ford the sole supplier to DoD, EPA, FEMA, and everyone else who needs a truck or an SUV. But wait, before anyone goes and says the federal government is a niche market; think again. All state, county/parish, and local governments also buy American made vehicles for fear of suffering voter backlash when caught buying foreign. This whole segment is now Ford's to exploit and Ford is not stupid.
I think it was VI Lenin who said "We will hang the last capitalist with the rope he sells us." At this rate, Obama is selling to Ford the rope they will use to hang Government Motors and F-Chrysler.