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Ford Says It Can Meet Tougher Fuel Standards

Chairman Bill Ford Jr. says some consumers believe Japanese automakers make more fuel-efficient vehicles than Americans, but Ford aims to change that perception soon.

MACKINAC ISLAND, Mich. (AP) -- Ford Motor Co. Chairman Bill Ford Jr. says his company is well positioned to meet fuel economy standards proposed by President Barack Obama.

Speaking Friday during the Detroit Regional Chamber's annual policy conference on Mackinac Island, Ford said his company intends to be the fuel economy leader in every automotive segment.

He acknowledges some consumers still believe Japanese automakers make more fuel-efficient vehicles than Americans, but says that perception will change as word spreads about his company's newer models.

Ford says his company is working aggressively to bring battery-powered vehicles and plug-in hybrids to the marketplace.