Last year the CEOs of Detroit's Big Three went to Congress seeking financial assistance. When it became clear that Congress was only offering short-term loans with a lot of strings attached, Ford walked away without making the deal.Since then, as GM and Chrysler struggle to survive in the economy, Ford has been going it alone. To survive they've had to sell off brands such as Jaguar, Land Rover, Aston Martin and are talking about putting Volvo up on the auction block.
John Hockenberry talked to Ford CEO Alan Mulally.
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Audio: PRI & WNYC's program The Takeaway, April 3rd.
Earthquake, tsunami,
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