looked dire. general motors needed a $50 billion rescue package. chrysler $12.5 billion. in 2008 just as the extent of this recession became clear, ford proposed a merger with general motors. fast forward to today and a different story. the fort motor company reached an agreement with the united auto workers on a deal that shows how far the company has risen from the ashes. ford has agreed on a deal to add 12,000 new jobs and pour over $6 billion into the plants. they are from mexico, japan, and china back to the united states. the uaw agreed to give up quite a bit of the new jobs and pay entry level wages, just half of the salary of a veteran ford worker. it's a job for someone in michigan and kentucky and ohio