By Leftlane Staff
Thursday, Apr 27th, 2006 @ 10:53 am

U.S. President George Bush plans to meet with the top executives from Ford , GM, and Chrysler to discuss energy and pension issues, according to the New York Times. Bill Ford, Rick Wagoner, and Tom LaSorda will talk about future alternative energy sources, as well as the massive cost of worker pensions. According to the report, retiree health care costs add an estimated $1,500 to the cost of a vehicle — a cost that Asian automakers do not face. Bill Ford told NYT that a bailout was not on the agenda for the meeting. U.S. auto CEOs have repeatedly said they don’t expect a bailout from the Whitehouse. Bush has echoed that sentiment, saying his government has no plans to give cash to the struggling carmakers. In January, Mr. Bush said the Big Three can save themselves by making “a product that’s relevant.”

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