Motor Company Statement on Proposed Congressional Automotive Industry
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
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.