DETROIT -- Ford Motor Co. CEO Alan Mulally, whose company led the Detroit 3 with a 27 percent U.S. sales gain during the first half of 2010, had lunch with President Barack Obama and other CEOs today at the White House.
The lunch was an effort to build relations with the business community for private-sector job creation and investment, a White House official said.
Ford also said today that June sales rose 13 percent to 175,690 vehicles. And yesterday, the automaker disclosed plans to reduce total debt by $4 billion.
"Obviously, it was an opportunity to update President Obama on Ford's progress on our plan and to emphasize the importance of manufacturing to U.S. competitiveness,” said Ford spokesman Mike Moran.
Obama has invited business leaders for lunch at the White House seven times since taking office.
Moran declined to give more details about the lunch discussion.
The White House said other executives at the lunch were Roger Ferguson, CEO of the teachers pension fund TIAA-CREF; Bob Iger, CEO of entertainment giant Walt Disney Co.; Brian Roberts, CEO of cable conglomerate Comcast Corp.; and Patricia Woertz, CEO of food producer Archer Daniels Midland Co.