Two of Detroit's automakers are well on their way to becoming wards of the federal government, but Ford Motor Co. has no intention of joining its rivals anytime soon.
"Nothing has changed about our plan," Ford CEO Alan Mulally told me Wednesday, one day after General Motors Corp. and Chrysler LLC submitted requests for a combined $21.6 billion in new federal loans and credit lines. "Our plan is not to access government money. Right now, with everything I see, we have sufficient liquidity to continue our transformation of Ford.
"We haven't changed our plan," he added. "It's broad enough and robust enough to handle all these changes. We're not coming back every couple of months with a new plan like everyone else is."
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