That's right. As I recall both GM and Chrysler accepted the money that Obama loaned them. Ford declined the offer and restructured all on their own.

@RobertMartin As far as the bailout, that was GWB's deal, not Obamas. It did go through under the Obama admin tho. I was working for Chrysler when they went bankrupt. Despite my Associates, being Ford certified, and being ASE certified, I could not do warranty work. One time a service advisor told me to put a rear wiper blade on an 09 Dodge Journey. I did as I was told. It was warranty. I saw the sheet. They charged Chrysler about $170 for the fucking wiper! Not joking. In my spare time I had to go through the lot to find a wiper that looked like it was bad. I threw the fucking thing in the trash. Didn't know they wanted the old one. The guy I worked for had two C-D-J dealerships and one Ford. Ford sold a lot of companies to avoid going bankrupt. The owner claimed that CDJ engines are so much better, and his Ford dealership had more engine warranties. What he didn't realize is that if Ford has a bad engine, they don't fuck around. You get a reman with all the sensors and wiring. I have seen at chrysler that they take an engine apart only to find cylinder scoring. With Ford you just get prior approval, and put a dyno tested engine in the damn thing!

Edit: Forgot to mention that when the owner came in the shop once he claimed about how these Asian engines are junk, taking away from our American engines. I didn't have the balls to tell him that the Dodge Stratus I just worked on had a Mitsubishi engine in it! Dodge Sprinters have MEBE engines. In-line 5 cylinder piece of shit! Rattlebox that is slightly better than the postal service LLV's! Also have to add that Cummins is/was partially owned by the Dung Feng (sp) company. A Chinese company.

Le Car from Renault or something

@RobertMartin I had a le car...... great warranty at the time and, boy, did I get a lot of new parts. However, it was the best car in the snow. Drove through a three foot blizzard with no difficulties. From Southcental PA up to the top of the Finger Lakes and back.