Ford's Reaction to US National Standard: Crucial Milestone!

Obama's Administration's announcement that a national standard for fuel economy will require automakers to achieve an average rating of 35 mpg by 2014 pleased most car manufacturers across the United States. Ford is one of the companies who applauded the decision and explained that it will support the American automaker in their efforts to revamp product ranges while keeping an eye on environment protection.

Just to refresh your memory, Ford is the only member of the Detroit group who didn't request financial support from the government, insisting is has the ability to remain in business even without state aid. Furthermore, the company recently announced it won't turn to dealership cuts, similar to Chrysler and General Motors, as the company struggles to consolidate its dealer network across the United States.

Here is the statement issued by Ford, attributed to Ford President and CEO Alan Mulally, regarding the national fuel economy standard announced by the United States Administration:

“We are pleased President Obama is taking decisive and positive action as we work together toward one national standard for vehicle fuel economy and greenhouse gas emissions that will benefit the environment and the economy. Today’s announcement signals the achievement of a crucial milestone – an agreement in principle on a national program for increased fuel economy and reduced greenhouse gases.

This national program will allow us to move forward toward final regulations that all stakeholders can support. We salute the cooperative efforts of the Obama Administration, the state of California, environmental groups and others that played a constructive role in this process.

The framework of the national program will give us greater clarity, certainty and flexibility to achieve the nation’s goals. We will continue to work with the federal agencies to finalize the standards that we are committed to meeting.”