Vehicles to ventilators, Ford & GM take on coronavirus [CBS News]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: CBS News
From vehicles to ventilators, Ford and GM take on coronavirus The coronavirus pandemic brought a screeching halt to domestic production of new vehicles at U.S. plants of the Ford Motor Company and General Motors. Almost overnight, the two longtime pillars of the American auto industry pivoted and entered the medical supply business. This week on 60 Minutes, correspondent Norah O'Donnell interviewed Ford executive chairman Bill Ford and GM CEO and chairman Mary Barra about the adjustments their companies have made during the pandemic. "I think when we look at this crisis as a country and said, you know, 'Which industry is positioned to help us not only in terms of sophisticated machinery, but can do a lot [of] them and a lot [of] them quickly," the auto industry is uniquely positioned to do that," Bill Ford told 60 Minutes. According to Ford, his company is producing personal protective equipment including ventilators, masks, and medical gowns made from the material typically used to
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