In a desperate, collective plea for up to $38 billion in government aid, executives from Detroit’s Big Three automakers told a Senate committee on Thursday they would start to crank out smaller, more fuel-efficient cars and streamline their businesses to stay afloat. “Now we are absolutely committed to exceeding our customers’ expectations for quality, fuel-efficiency, safety, and affordability,” said Ford’s chief executive Alan Mulally. The execs made similar pleas to members of the House of Representatives on Friday.
Big Three auto execs pledge to become greener, more profitable
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