Ford Focused on Turnaround without Government Aid
Ford Focused on Turnaround without Government Aid; Distancing Itself from GM, Chrysler - CNN - Lou Dobbs Tonight
Reporter Lisa Sylvester reports on Ford distancing itself from GM and Chrysler by not taking government money. Ford CEO Alan Mulally, who turned Boeing around, came to Ford over two years ago and started focusing on restructuring Ford. He also secured a $23 billion line of credit from private banks before the credit freeze.
Ford has made huge strides in the quality and fuel efficiency of its vehicles and wants customers to understand that Ford has its own story and is tackling the difficult economy in its own way.
Click the following link to view video, (http://www.cnn.com/video/#/video/business/2009/02/20/sylvester.ford.last.one.standing.cnn?iref=videosearch)

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