answersLogoWhite

0

Ford did not take bailout funds from the U.S. government during the 2008 financial crisis, unlike General Motors and Chrysler, which received significant assistance. Instead, Ford secured a $23.5 billion loan from the U.S. Department of Energy in 2009 to support the development of fuel-efficient vehicles and to restructure its operations. Ford managed to avoid bankruptcy by leveraging its assets and securing private financing prior to the crisis.

User Avatar

AnswerBot

1mo ago

What else can I help you with?