View Full Version : Ford CEO on bailout opposition: Past is past

11-18-2008, 05:22 PM
Roberts: But you know what the critics are saying. Critics are saying that you fought efforts as an industry to increase fuel economy standards, you promoted SUVs and pickups as demand for foreign oil increased, and we're beginning to run out of oil. They're saying basically you failed to lead, and now you have your hand out saying, "Help us."

Mulally: And for that we also recognized the cost it would take to do that, so the Congress built into that legislation a mechanism that we could borrow at the Treasury rate so we could fund the acceleration of these vehicles and bring them to the marketplace. That is going very well. We are applying for that today. I think the most important thing is that we continue as a country to work this as a partnership and clearly fuel efficiency, quality, safety are going to continue to be at the top of the customer's decision list when they purchase a car.


He's very good at answering a question without answering it.