Ford Motor Company Statement on Proposed Congressional Automotive Industry Bill
Posted on | 8 December 2008 | Comments Off
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.
Tags: Congress | Ford | industry | company | Issue | Automotive | LOAN | CONGRESSIONAL | MOTOR | statement | Chrysler | Bailout | proposed | Dearborn | liquidity | near-term | Tech & Biz | Bill Mich | short term bridge






