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Ford Motor buckles up for 'fiscal cliff'

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    Alan Mulally on meeting with President Obama

  • Duration 4:25
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-- like the New England.

The wrong morally and all of its class.

And I Obama team -- -- -- you have got to have our President Obama has -- that we -- support.

From big business invited into the White House for an Oval Office -- -- law it is CEO Ford Motor Co.

was one of the guys who got that.

Extra special invitation and he accepted our extra special invitation injuries on her again.

Glad to be here that car by the way he's really cool we're just outside and just and -- look on your face of that new Lincoln was was with a trip.

I don't say yet and -- go out there after the the next equipped to bring us in the rundown this is Steve gets the keys -- It's -- there you.

But this really important meeting that you had with the president you were one of a group of CEOs men and women.

Who went behind closed doors up so tell us the secrets what at what happened well.

I thought it was a really really a good conversation because it was very comprehensive and also dealt with.

Where we are is a country with on the economic development but also what we need to do on the revenue side as well as on the expense side.

So we can actually start moving towards balancing our budget and and create bringing down -- debt.

Perhaps the neatest thing was was an attitude of inclusion of trying to include everybody switch to actually move forward in that in a timely manner is so important for our economy.

How much does it -- you will rat right now in these negotiations the president -- -- stimulus money raising the debt ceiling a lot of people think extraordinary.

Requests they can never be fulfilled.

Well clearly this is a negotiation is really working together it's everybody coming together and I.

I just I just believe this is -- United States is the US economy.

And everybody knows we need to come together with a joint solution that works both the revenue side -- the expense side so I'm confident we're gonna we're working out.

Well we we saw Lindsey Graham on one of the attractions yesterday -- -- I think we're going over the cliff.

An inscription -- It tells that you are much more optimistic -- was Ingraham.

Well.

I just believe in America and you know what we're about is so important -- about economic development it's not just solving the fiscal cliff issue.

That's just that the near term issue but that's solution needs to create a business environment that allows businesses to grow because we've only expanded and a 2% GDP.

We need at least three half 4% to bring down and unemployment so we are fighting for the soul of America right now as you need a healthy economy to sell cars too well.

That's an important part -- because you next two our homes the purchases -- -- is the biggest decision which is why we're always a leading indicator on the.

Do you would you would know this is why you were fighting because you run forward and you've been very successful at it and by the way you took no bail out money.

Because you borrowed money before.

That other fiscal cliff that we -- that we went over when the car industry was was bailed out did the president listened to you.

I think he absolutely did it and and of course.

I would do it again but testifying on behalf of my bankrupt competitors because.

You know clearly the United States economy was in a recession it could have gone into a depression.

So I think we did the right thing I -- I'm pleased that we did testify on behalf.

From our competitors at a time because we were doing the right thing right thing for the US economy.

GM begins to boom you save yourself that you and even existed was it for you you're competing it's a guy that was artificially propped up.

By the government.

Now why don't we really don't think about it that way this is that -- -- -- -- very much of a global competition we're competing with the best companies around the world.

So the most important thing we've done is focus on -- and focus on Lincoln and make -- a chance to get the show you this new Lincoln today what is it that's the most important thing we're doing.

-- -- -- -- -- -- That's -- -- -- see after we go to commercial what's it called.

-- Khazei and this is a midsize sedan in this the first of the reinvented Lincoln products.

And the response we received on your monitor that the response has been phenomenal.

Is this the essence of Lincoln that is that elegant elegant beautiful design with all the innovation on the technology we just got a chance of.

When we did and Allan woo -- we were just outside I thought the people we're taking a picture view irritated Fisher car.

I got sided his president CEO of Ford Motor Co.

He's going to kick some wheels right that's an awesome man Jim Farley who everybody knows around the world is the luxury leader and we'll play.

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