To the Editor:
I almost missed "1908: GM almost purchases Ford" on Page 4 of your Feb. 17 issue.
I look forward to the Ford 100 commemorative edition. I've spent most of my adult life in the auto industry, and I recall that Billy Durant wanted to buy Ford.
Your writer seems to feel that General Motors would have been better off if it had bought Ford. I do not agree.
Competition is healthy. Without Ford, GM would have had no one to compete against. It was Ford that gave GM a run for its money. GM didn't have 50 percent of the market until the 1960s, and in some years, Chevrolet outsold the entire Ford Motor Co.
Competition is killing GM today. What GM needs is more car guys and fewer bean counters. But where are the bean counters when those big bonuses and salary hikes are given out? It appears that some of the incompetent are rewarded while the guys on the line and the shareholders get nothing.