Photo: #U.S. Sen. Norm Coleman (R-MN) speaks during a press conference at his campaign headquarters November 5, 2008 in St. Paul, Minnesota.

Coleman to meet with senior Ford official

by Minnesota News Network, MNN
November 18, 2008

St. Paul, Minn. — Sen. Norm Coleman, R-Minn., meets with a top Ford Motor Company official this afternoon in Washington to talk about the long-term viability of the auto industry.

Auto executives say they need another $25 billion in emergency loans to stay afloat.

Coleman spokesman, Leroy Coleman, said before the GOP senator will support an auto-industry bailout package, he needs some assurances.

"He's going to say 'What is your model for the future, to return to profitability? What's the long-term solution?' As well, he wants to know what role can the St. Paul plant play as a producer for fuel-efficient vehicles," Leroy Coleman said.

The Ford Ranger Plant was originally to have closed this year but executives have since pushed that back to 2011.

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