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2008
 

 

 

 

 


Ford Motor Company Statement on Proposed Congressional Automotive Industry Bill

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.

 

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Originally formed as the COBRA Club in 1972. Established as a Region of SAAC in 1975. One of the oldest SAAC Regions in the United States