Ford turned down bailout money from the U.S. federal government in 2009, saying that the industry needs to move toward efficiency on a permanent basis.

Name: Ford turned down bailout money from the U.S. federal government in 2009, saying that the industry needs to move toward efficiency on a permanent basis.
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This statement is true. Ford did turn down bailout money from the U.S. federal government in 2009, stating that the industry needed to make permanent changes towards efficiency instead.

Ford Turned Down Bailout Money from the U