An electric version in 2012?
CNBC’s Phil Lebeau interviewed Ford CEO Alan Mulally today about Ford’s updated plans being provided for Congress. According to Lebeau, Ford plans to turn a profit around 2011. Although Ford doesn’t need financing right now, they are seeking to secure about billion in loans to have access to if needed. If needed, Mulally will work for per year.
Ford also announced that it will begin selling commercially available electric vehicles by 2010. In 2010, Ford will sell an electric van for fleet sales, followed by an electric sedan in 2011. Ford plans to elaborate on these plans, as well as plans for new hybrid vehicles at the North American International Auto Show.
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