FoMoCo’s Chairman Bill Ford Jr. met with President Barack Obama today during his visit to Washington to deliver an action list from the National Summit on the economy from June. Ford said that he thanked Obama for stepping in to save General Motors and Chrysler from liquidation.

He said that said Obama had stabilized not just GM and Chrysler but auto suppliers as well.

‚ÄúHe was obviously interested in how the industry was going and I complimented him on how he handled the industry,‚ÄĚ Ford said.

He said that his meeting with the President lasted less than 15 minutes ‚Äď not that that really matters.

- By: Stephen Calogera

Source: Free Press