Tuesday, March 31, 2009

Ford says no to auto bailout

In an interesting twist, Ford executive Mark Fields went on American Morning to say that they have been restructuring for three years now and are making progress. And, no bailout needed or expected. Fields said that consumer confidence is the biggest issue facing Ford. Ford is announcing an "Advantage Plan" whereby new Ford purchasers will have Ford pick up twelve months of car payments if the customer loses their job.


1 comment:

Auto Seller Network said...

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