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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.
Special Bonus: If you are not a Newsmax magazine subscriber get this edition PLUS a 3 month free trial subscription to Newsmax magazine — a value of $15!
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