Ford Motor Co. said Friday it is seeking a 2 billion Canadian dollars ($1.59 billion) standby credit line from the Canadian government, and General Motors Corp. and Chrysler LLC are seeking undisclosed amounts as well as the Detroit Three struggle with a worsening economy.
Ford, based in Dearborn, Michigan, said it was seeking the credit line _ "to be used only if the current economic crisis worsens" _ but isn't asking for any money up front.
Chrysler, with headquarters in Auburn Hills, Michigan, wouldn't comment on the amount it was asking for, saying only that the figure was proportional to the $34 billion that the three automakers were asking …
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