The head of the Ford Motor Company is petitioning President Bush to convene a summit on U.S. energy policy and the role automakers should play. The Great Lakes Radio Consortium’s Quinn Klinefelter has more:
Transcript
The head of the Ford Motor Company is petitioning President Bush to convene a summit on U.S. energy policy and the role automakers should play. The Great Lakes Radio Consortium’s Quinn Klinefelter has more:
For much of the past decade, the auto industry has successfully lobbied Congress and the Administration against raising fuel economy standards which, automakers say, would force them ro raise prices.
Now, however, Ford Motor Company Chairman Bill Ford Jr. is requesting that the President hold a summit to discuss improving fuel mileage and limiting America’s dependence on oil.
Ford recently announced that roughly half of the models it offers would be available in hybrid form or other more economical versions by 2010. Ford supported the Bush Administration’s Energy Policy Act, but company officials say the country is in the midst of an energy crisis and the President must do more to help consumers.
White House officials say the President is considering the proposal.
For the GLRC, I’m Quinn Kleinfelter.