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07_Mercury_Mariner_Hybrid

Ford bails out on hybrid promise.

Photo Details
Poster: xcel (see this users gallery) Ford Motor Co. Chairman and CEO Bill Ford Jr. is backing away from his much-publicized commitment to produce 250,000 hybrid vehicles a year by the end of the decade, saying the company intends to pursue a broader environmental strategy that focuses more on other alternative-fuel vehicles. With timing perhaps intended to blunt criticism of the move, Bill Ford announced the strategic shift in an e-mail to employees Wednesday, the same day he and the CEOs of General Motors Corp. and DaimlerChrysler AG's Chrysler Group sent a letter to Congress promising to double their annual production of alternative-fuel vehicles to 2 million by 2010.
· Date: Thu June 29, 2006 · Views: 2988 · Filesize: 46.5kb · Dimensions: 310 x 164 ·
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Keywords: Ford to back away from Hybrid production - www.CleanMPG.com
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