Tag: Cars

US Government About To Bail Out Auto Makers

Posted on November 18th, 2008

How do you feel about that? I read this article with the CEO of Ford today, where the interviewer basically pummeled him. When asked about Ford’s strategy with regards to electric cars, the CEO had this to say: We are working on that [fully electric cars], but let me just share with you the Ford plan about that. Our No. 1 priority is to improve the internal combustion engine, and that’s why the turbocharging, the direct fuel injection, we get a 20 percent improvement in fuel mileage and a 15 percent reduction in CO2, but we get that across all […]