Cautious optimism at Ford

Taurus Ford chairman William Clay Ford: "In terms of our industry, I don’t think I’ll feel better until I see people going back to work. Clearly people without jobs aren’t buying vehicles. But having said that, there are encouraging signs of a pickup," he told TIME.

"We’ve pulled ourselves up by our bootstraps and we feel very good about that," the Ford chairman added. "There are always competitive issues, but I like the fact that we are the master of our own destiny, and I like the fact that our products are getting rave reviews. I wouldn’t trade places with either [GM or Chrysler]."  Time

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