Cramer Says Ford (F) CEO Mulally Makes Him 'Proud To Be An American'

On Mad Money last night, Ford's (NYSE: F) CEO Alan Mulally said to Jim Cramer that the transition of Ford began three years ago, after realizing that the company needed to head in a new direction.

Mulally said that Ford is returning to its roots by making cars available to everyone, in every price range. He dispelled myths that cars can't be made in America with unionized labor. Mulally mentioned that his experience at Boeing (NYSE: BA) helped him to see the crisis early, prompting him to raise capital and negotiate with unions far ahead of Ford's competition.

Mulally said that workers' and constituents are all working together under the motto, "profitable growth for all."

Mulally said he supports the U.S. Governement helping to bail out General Motors (NASDAQ: MTLQQ) as long as it helps the auto industry as a whole.

Ford has repaid about $10 billion in debt and raised about $1.6 billion in new funding so far.

The CEO said he's passionate about keeping manufacturing jobs in America afloat, as it's the heartbeat of any nation.

Mulally said that he supports integration of natural gas as a new source of energy to run autos, but the country needs to establish an infrastructure to support such an innovation.

Shares of Ford are moving about 1% higher in this morning's pre-market session. The stock most recently traded at $9.17.

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