An automobile dealership in Orland, California which closed after General Motors cut ties with it and several hundred other dealers as part of its Chapter 11 bankruptcy restructuring efforts in When it comes to brand loyalty and fans of the other automakers, GM always gets beaten up for taking bailout money from the TARP fund back in When it comes to this topic, its like a duck floating on a pond.

Above the water level, everything is calm, but below the water surface, the duck is paddling like hell. If we are talking about Troubled Asset Relief Program TARP money, then yes, Ford did not take any money from the TARP fund. Did they get bailout money from other sources in the government? Yes they did… and a lot of it. Congress put the automakers in the hotseat and refused their initial request, sending the automakers back home to refine their plans.

Congress was willing to loan the companies money as long as it was tied to the development of energy efficient vehicles.

Editorial: Did Ford Take Bailout Money Too? Yes They Did. - Chevy Hardcore

GM, Ford, and Chrysler wanted another 25 billion from the TARP fund, largely to support the auto unions and jobs within the companies. The breakdown of the Automotive Industry Finance Program had loans to provide operating cash to GM and Chrysler, as well as money available for the car buyers through GMAC.

Secrets and Lies of the Bailout - Rolling Stone

These amounts were determined to be the best alternatives for the companies by congress. Does that mean that Ford did not get any money from the governement? Congress decided that the best alternative for Ford was to get funds from the Term Asset-Backed Securities Loan Facility TALF , which is a government program for auto, student, and other consumer loans.

That was the tradeoff for Ford.

For their part, GM agreed to streamline the number of brands they produce. That would be Ford, of course. All of this information is public and easily researched.

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