They’re back–and this time they didn’t travel by private jet. The CEOs of the Big Three car companies are on Capitol Hill today, once again making their case to Congress for a twenty-five-billion-dollar bailout. Ford CEO Alan Mulally actually made the 9 hour drive from Detroit to D.C., presumably in a Ford vehicle. Bill Vlasic, Detroit Bureau Chief for the New York Times, explains to The Takeaway how the executives are likely to approach lawmakers this time around.
“Of the three, Ford is clearly in the best shape. It’s ironic because about three years ago Ford was considered by far to be in the worst shape.” ?Bill Vlasic on the big three automakers
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