G.M. and Ford Officials Seeking U.S. Loans to Meet Fuel Goal
Executives from General Motors and the Ford Motor Company pressed their case on Tuesday for $25 billion in federal loans in a series of high-level meetings with lawmakers in Washington. The appearances by G.M.'s chairman, Rick Wagoner, and Ford's executive chairman, William C. Ford Jr., underscored how vital the industry considers the loans as it tries to meet tougher fuel-efficiency regulations.