Mired in debt, battered by the recession, its car lots stocked with vehicles, the Ford Motor Co.'s future seemed so bleak that the auto giant's long-term survivability was at stake.
Yet in 2008, Ford refused to accept the TARP federal bailout money that its rivals GM and Chrysler readily snapped up.
Two years down the road, Ford is humming: it's turning in profits and speeding past still-struggling GM and Chrysler as it produces vehicles consumers are clamoring to own.
The moral of the story: A smart U.S. auto builder can compete against any competitor, even GM, backed by Uncle Sam.
Newsmax magazine's exclusive report, "Ford's Big Comeback," takes an in-depth look at the automaker's amazing rebound under the stewardship of CEO Alan Mulally, a former Boeing executive who is widely hailed as Ford's savior.
This exclusive Newsmax report explores:
Why bankruptcy loomed for Ford in 2006
How CEO Alan Mulally's "Way Forward" recovery plan saved the auto giant
The fateful New York meeting that was a key turning point
Astounding turnaround: $14 billion loss to $2.7 billion profit
How Obama strong-armed GM
Ford's Explorer controversy — and Pinto problems
Rasmussen: Ford's TARP refusal translates into sales
GM's "elaborate TARP money shuffle"
Why Ford's SUV strategy backfired
Ford's focus on youth: the Ford Focus
How Ford revolutionized the American workplace
GM and Chrysler's "hasty" dealership shutdowns
Automakers' hot button issue: fuel efficiency
Ford's new Lincoln strategy
How Ford miscalculated "American icon" Taurus' appeal
Ford's Microsoft connection
Ford's challenge to GM in China
Sen. Charles Grassley's scolding of GM
The concern over "distracted driver" legislation
And much, much more
This edition of Newsmax magazine is not to be missed.
In addition to hard-hitting investigative reports and special commentary from Ben Stein, Dick Morris, John Stossel, Bill O'Reilly, Christopher Ruddy, David Limbaugh, Dr. Laura Schlessinger, Ed Koch, James Hirsen and others, you get much more in Newsmax magazine, including:
The Bush tax cuts: what they really mean for 2011
Big Brother: Washington is now monitoring gold purchases
Hollywood stars shill for Barbara Boxer
The stimulus has flatlined — and there's no Plan B
Jeb Bush: a new approach to immigrants
Tip sheet: Key races in midterms vital for GOP
Gail Sheehy on caregivers: what they need to know
Teachers turn against Obama
De Borchgrave: Global sentiment builds to attack Iran
Flashback: The Misunderstood Kennedy-Nixon debate
Lock up profits before tax cuts lapse
Republicans warn of backdoor amnesty plan for illegals
China is empire building in Africa
Novelist Nelson DeMille on anti-terrorism
Linda McMahon ready to rumble in Connecticut Senate race
Maryland race could be the model for November
Iranian exile rises in L.A. politics
State-sponsored media are on the rise
The latest in personal and home security
Crisis Investing: Europe's pain can be your gain
Jada Pinkett Smith: actress/mom/more
Chris Hitchens and his brother: Cain vs. Abel
Ruddy's take: Battle of Britain Forgotten
Lifelong learning for the over-50 set
Food alert: dangerous neurotoxins are everywhere
Critics blast Postal Service's rate hike
States are getting gambling fever
Will you outlive your retirement money?
Avoid "dead foods" — extend your life
Again, there is so much more in Newsmax magazine, which won a Gold Eddie Award in the News/Commentary category of Folio magazine's prestigious journalism awards, the Eddies.
Ben Stein says Newsmax reveals the "unafraid, uncomplicated, bare-knuckles truth about today's dangerous world."
And nationally syndicated radio host Michael Reagan, son of the late President Reagan, says: "I guarantee that you'll love Newsmax magazine. The liberal media moguls hate Newsmax."
Find out why more than half a million people read Newsmax magazine each month.
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