Ford Boss Mustang
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FORD MUSTANG 1970 BOSS 302 MODEL KIT 1:24TH YELLOW NIB $22.14 |
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Highway 61 1969 Ford Mustang Boss 302 Blue 50729 $54.99 |
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Highway 61 1969 Ford Mustang Boss 302 Yellow 50727 $54.99 |
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Highway 61 1969 Ford Mustang Boss 302 Smokey Tribute $59.99 |
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Highway 61 1969 Ford Mustang Boss 302 Calypso Coral 728 $54.99 |
I was a college student in 1979 when Chrysler Corporation made its appeal to the Carter Administration for a government bail out. Back then, the automaker was bleeding through cash and seeking a one billion dollar loan guarantee in a bid to stay afloat. After months of bargaining, the federal government agreed to help Chrysler, signing off on a larger 1.5 billion dollar loan guarantee, a move that insured the survival of America’s third largest automaker while saving tens of thousands of jobs.
Today, Chrysler is looking for new assistance from the federal government, but this time they are being joined by their two largest American competitors, General Motors and Ford. Unlike in 1979, the chances of any one of the three automakers getting government help — beyond the $25 billion already earmarked for plant retooling — is greatly diminished for reasons that neither one of the companies may fully understand.
Let’s take a look at the current automotive climate and what the three automakers must do to win federal bailout approval.
In 1979, Chrysler’s survival was at stake as were tens of thousands of automaker jobs. With 250,000 employees, Chrysler’s demise could have sent shock waves through an already strained economy, an economic climate not too different from what is being experienced today.
Back then, Chrysler took five months to lobby Congress for assistance, even replacing their chairman, John Riccardo, with Lee Iaccoca, the executive who helped bring the iconic Ford Mustang to market. Iacocca, unlike today’s automaker chiefs, traveled back and forth to Washington on commercial jets to negotiate on behalf of Chrysler. Today’s automotive bosses have private jets to whisk them back and forth, a source of contention for many who oppose helping the automakers.
Even before the federal government offered to help Chrysler in 1979, the automaker was forced to seek union concessions while state and local governments connected to plants provided tax concessions. White collar workers, dealers, suppliers and banks each chipped in, providing what eventually amounted to two billion dollars in cost cuts.
It was only after Iacocca and Chrysler managers made these changes did the federal government intervene. Finally, when Chrysler had the money in hand they were able to develop new products including their popular K-Cars and managed to pay back their loan seven years early. In the end, the federal government made a profit on lending money to Chrysler.
Today, the automakers are asking for cash, but they’re going about it all wrong. As recently as October, General Motors was considering purchasing Chrysler while saying that they had enough money to last through 2009. Now, the purchase is off and both companies say that they probably only have enough cash on hand to last through 2008. Ford, is somewhat better off, saying that they should have enough money to last through the end of next year. Still, Ford has joined its Detroit brethren in asking for government assistance.
Public support for helping the Big Three isn’t anywhere as strong as it was three decades ago when the three companies dominated the automotive scene. At that time, only Chrysler, Ford, and General Motors were building cars in the US, but today a number of foreign automakers have set up shop. Americans see plants being run by Honda, Subaru, Toyota, Mercedes, Hyundai, and BMW making money and cannot understand why union run shops continue to bleed Ford, Chrysler and GM dry. As long as there are stark differences between the labor arrangements between foreign and domestic producers, support for any loan assistance is tepid at best.
Perhaps the most difficult part of bailing out the automakers is that it is coming on the heels of a massive $700 billion bail out of the financial industry. That earlier plan is increasingly unpopular with many citizens who see that financial accountability is virtually nil and that the so-called emergency isn’t as dire as once made out to be.
Thus, even if the Big Three can find the time to make a compelling case for government assistance, support from legislators may not enough to help out. In that case, a Chapter 11 bankruptcy filing would be necessary, a move that could repair automaker problems quicker and more forcefully than any sort of assistance from Washington, D.C.
Matthew C. Keegan is a freelance writer who resides in Cary, North Carolina. Matt is a contributing writer for Andy’s Auto Sport an aftermarket supplier of quality parts including custom mufflers and exhausts.
About the Author:
Matthew C. Keegan is a freelance writer who resides in Cary, North Carolina. Matt provides magazine, web content, and article writing services to clients all over the world serving the automotive, human interest, and business communities. Matt’s Musings is his personal weblog.
Article Source: ArticlesBase.com – Shades of Chrysler 1979 – the Big 3 Automaker Bailout Plan
1969 & 1970 Ford Mustang BOSS 302 at Knotts Berry Farm 2004
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FORD MUSTANG 1970 BOSS 302 MODEL KIT 1:24TH YELLOW NIB $22.14 |
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Highway 61 1969 Ford Mustang Boss 302 Blue 50729 $54.99 |
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Highway 61 1969 Ford Mustang Boss 302 Yellow 50727 $54.99 |
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Highway 61 1969 Ford Mustang Boss 302 Smokey Tribute $59.99 |
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Highway 61 1969 Ford Mustang Boss 302 Calypso Coral 728 $54.99 |
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Highway 61 1969 Ford Mustang Boss 302 Smokey Tribute $69.99 |
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FORD MUSTANG 428 CJ BOSS 302 AIR CLEANER VALVE AND DOOR $250.00 |
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1969 FORD MUSTANG BOSS 429 WATER PUMP WOW!!! $79.95 |
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Hot Wheels 2005 1970 Ford Mustang Boss 302 Real Riders $4.99 |
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1969 1970 FORD MUSTANG SHELBY BOSS SEAT BELT DASH BEZEL $150.00 |
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LINCOLN M 1994/95 FORD BOSS SHINODA MUSTANG MODEL 1/18 $89.99 |
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1969 FORD MUSTANG BOSS 302 GREEN 1:18 DIECAST CAR MODEL $24.69 |
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1971 Ford Mustang Boss 351 Fan Blade $200.00 |
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1971 1972 1973 Mustang 71 Boss DASH CLUSTER WITH TACH $85.00 |
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69 70 BOSS 302 429 MUSTANG FORD SHELBY INFLATOR BOTTLE $149.00 |
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1970 FORD MUSTANG BOSS 429 COLLECTORS SIGN 703 NEW !! $6.99 |
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NOS Ford Boss 302 429 CJ Mustang oil filter magnet $3.99 |
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NOS Ford Air Cleaner Sensor 1970 Mustang Boss 351 $80.00 |
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NOS 71-73 Ford Mustang Hood Locks Boss 351 Mach 1 $180.00 |
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NOS 1970 FORD MUSTANG BOSS 429 HEADLIGHT DOORS $249.99 |
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Vintage Ford Mustang 1970 Boss 302 1/24 Scale Maisto $3.99 |
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1969 FORD MUSTANG MACH 1 BOSS 302 HEADLIGHT FOMOCO 8-68 $29.99 |
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1970 FORD MUSTANG BOSS 302 RED 1:18 DIECAST MODEL $25.64 |
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Ford : Mustang Boss 351 1971 Ford Boss 351 Mustang 19,670 Original Miles $69,000.00 |
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NEW FORD MUSTANG L Large Blue T Shirt BOSS LICENSED !!! $9.99 |
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NOS Ford Mustang Torino 351 390 428 Boss GT Cobra Jet $14.99 |
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MACH BOSS MUSTANG 68 69 70 71 NOS SPARE TIRE WINGNUT $14.95 |
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69 70 MUSTANG NOS BOSS 302 429 SCJ ADAPTER GASKETS (10) $39.95 |
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FORD NOS 69 70 71 MUSTANG MACH 1 BOSS SHELBY ANTENNA $59.95 |
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1970 FORD MUSTANG BOSS 429 $32.50 |
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MINI ENGINE FORD 1969 MUSTANG BOSS 302 RACER V8 1:24 $7.99 |
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1970 Ford Mustang Boss 302 Johnny Lightning Series 11 $9.99 |
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AW Super lll 70 Ford Boss Mustang Orange/Black $18.99 |
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Classic FORD BOSS 302 Mustang, Custom Wall Clock $9.99 |
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1970 Ford Mustang BOSS 302 SCCA Trans-Am #15 PARNELLI $77.00 |
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NOS 1970 Ford Mustang Mach Boss 302 Disc Rotor Dust Cap $12.00 |
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New White Boss 302 Ford Mustang Thunderjet ho slot car $10.50 |
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Ford Mustang FR500 Racing Poster~1970 Boss 302~2-Sided~ $7.99 |
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HUGO BOSS F1 RACING TEAM FORD MUSTANG PATCH BADGE 144 $0.99 |
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Ford Mustang HiPo 289 Boss 302 4-Inch Alternator Pulley $33.00 |
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OS 1970 FORD MUSTANG BOSS 302 429 PARKING LIGHT LENS $25.00 |
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ERTL/PEACHSTATE 1970 FORD MUSTANG BOSS 429 1/18 1/2500 $74.99 |
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ford mustang boss 302 muscle machine $1.00 |
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Boston Red Sox-1969 Ford Mustang Boss 302 (NEW IN BOX) $13.99 |
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Ford : Mustang 1970 FORD BOSS 302 CLONE MUSTANG FASTBACK $23,500.00 |
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1:64 SCALE WHEELS * 1969 Ford Boss Mustang 429 * $7.99 |
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70 1970 Ford Mustang Boss 302 Deluxe Door Panel Panels $288.70 |
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MUSTANG 4.6 SEW ON PATCH FORD BOSS 302 5.0 GT SHELBY $4.99 |
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71 72 1972 73 1973 Ford Mustang Mach1 Boss Heater hoses $39.95 |
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MUSTANG SEW ON PATCH FORD BOSS 302 5.0 GT SHELBY $3.99 |
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FORD MUSTANG SHELBY GT POSTER NEW CAR BOSS 1 MINT 5077 $4.98 WALL POSTER PG TEMPLATE Dimensions: 24″ x 36″ inches Series & Type: Wall PosterCondition: Mint – This is a brand new item.Additional Products: This is just one of the many posters we have to offer…. |
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Ford Boss 429 Mustang Muscle Car Metal Sign $13.95 … |
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Ford Mustang Boss 302 Metal Sign $10.49 Sign Reads: Mustang BOSS 302 Liven up the walls of your home, garage, gameroom or business with this Ford Mustang Boss 302 Metal Sign. Reproduction muscle car signs also make the coolest gifts…. |
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Ford Mustang Grill T-shirt, Men’s Ford Mustang Legend Honeycomb Grill and Emblem, Cobra, Boss, Hot Rod Shirt Officially Licensed Ford Mustang Legend Honeycomb Grill Design. Our T-shirts are made of a 100% fully machine washable cotton/poly blend for a cool and comfortable fit every time…. |
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Ford Mustang RUNNING STRONG SINCE 1964 Adult Black Anniversary T-shirt Tee Shirt $26.99 An awesome 100% preshrunk cotton Tshirt. Large image appears on the BACK of the shirt with a small image on the front left chest… |
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Boss Ford Mustang Muscle Car T-Shirt The Boss series remains one of Ford Mustang’s most memorable and most collectible muscle cars. Hail your favorite high performance model in the steel blue T-shirt with full-color design on back and chest logo on front. Imported…. |
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Revell 1:24 ‘70 Mustang Boss 429 3 ‘N 1 $15.48 1:24 scale. This great kit comes with 2 motor variations, stock 429 or dual 4 bbl with hi-rise manifold, also comes with 3 sets of rims, authentic decals, and optional tires. Over 90 pieces. Skill level 2…. |
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1970 Ford Mustang Boss 302 Green 1:24 Model Car $16.99 Made of diecast Opening doors Opening hood Wheels roll Steerable wheels Comes in window box Approximate Dimensions: L-7.5, W-3, H-2.5… |
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Scalextric 1:32 Slot Car Ford Boss 302 Mustang Trans Am #15 Parnelli Jones C2436 $54.99 This electric racing slot car is approximately 6 inches in length. It operates on most readily available 1:32 scale slot car race track systems and is most commonly used on Scalextric 1:32 race tracks in the U.S. Contact your race track manufacturer to confirm this brand of slot car will work with your brand of track. This slot car is only available through the hobby market industry…. |
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3-Stripe Rocker Panel Stripes For Mustangs & GT, Your Choice of Color $19.99 Brand New 3-Stripe Rocker Panel Racing Stripes For Ford Mustang GT 05-09 Models Brand New With Complete Instructions 1-Left side & 1-Right side Decal Each Decal Is 77″ Long x 3.25″ Tall Overall Set Has 3-Piece On Each Side For Easy Installation 1-For Front Fender, 1-For Door, 1-For Rear Quarter Panel On Each Side Of Your Mustang Set Includes The Following Sizes 4-Stripes 18″ Long 2-Stripes @ 50″Lo… |