Tuesday, December 02, 2008

Ford to 'Aggressively Restructure,' Seeks $9 Billion in Bridge Financing - WSJ.com

Ford to 'Aggressively Restructure,' Seeks $9 Billion in Bridge Financing - WSJ.com:

"Ford, in the 30-page document submitted to legislators, said it will invest $14 billion in its U.S. operations over the next seven years on advanced technologies as the company retools its 2015 models to be 36% more fuel-efficient than its 2005 models. About 80% of Ford's total investment in 2010 will go toward cars and crossover vehicles, up from 60% in 2007."

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