Friday, November 23, 2012

Bill Ford: Fiscal Cliff Could Impact Car Sales - Automotive Digest

Bill Ford: Fiscal Cliff Could Impact Car?Sales

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Bloomberg News - November 20, 2012

A deal between Pres?i?dent Obama and Con?gress to avoid the fis?cal cliff is crit?i?cal to the U.S. econ?omy and to Ford Motor Co., says Ford exec chair Bill Ford.

Bill Ford speaks out on the econ?omy and auto?sales.

?It?s vitally impor?tant for the econ?omy that we work this out,? Bill Ford, who is also great-grandson of the automaker?s founder, told reporters after donat?ing a Ford truck to Glean?ers Com?mu?nity Food Bank in Detroit.? ?I clearly hope we get some bipar?ti?san effort to avoid the fis?cal?cliff.?

Ford Chief Exec?u?tive Offi?cer Alan Mulally was among CEOs who met with Obama last week to dis?cuss the assort?ment of tax increases and other leg?isla?tive changes that would take effect at the end of the year. The fis?cal cliff could threaten the nascent recov?ery of the U.S. econ?omy, Ford said.

Source: http://automotivedigest.com/2012/11/bill-ford-fiscal-cliff-could-impact-car-sales/

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