Detroit- In a bold move, Ford Motor Company President and CEO Alan Mulally announced today that the company is closing its doors for good.
"Let's face it," Mulally said, "This company has been producing clunkers for far too long. Everyone is aware of that fact."
So when the Consumer Assistance Recycle and Save Act, or, 'Cash for Clunkers', went into effect earlier this week, Mulally quickly formulated a plan.
"We've basically cashed in our entire inventory at $4500 apiece," Mulally said, "That's the best sales we've had in years."
Mulally didn't take any questions following the short press conference where he made the announcement, but he did promise that all former employees of the Ford Motor Co. would be given an additional $50 voucher for use toward a purchase of a new Sonata at his soon-to-open Hyundai dealership.