Ford Motor Ready For Spike In Gas Prices
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DETROIT (WWJ) – Ford CEO Alan Mulally says his company is better positioned to withstand rising gasoline prices compared with three years ago when $4 gas battered the auto industry.
Mulally says Ford has revamped its product lineup to offer more small and mid-size fuel- efficient cars that he says are appealing to consumers in ever- increasing numbers.
Mullaly was in Washington to meet with members of the Obama administration and Congress.