Ford Motor Company Statement on Proposed Congressional Automotive Industry Bill
dunkelberg | December 8, 2008 at 07:33 pmby
198 views | 5 Recommendations | 1 comment
I offer the following straight off the Ford PR presses.
DEARBORN, Mich., Dec. 8 – As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan. But Ford fully supports an effort to address the near-term liquidity issues of GM and Chrysler, as our industry is highly interdependent and a failure of one of our competitors could affect us all.