Ford Motor Co
We're focused right now on merging Ford around the world right now. We're focusing on Ford, so no, Mark Fields said on the sidelines of the New York International Auto Show.
Chrysler, about 80 percent-controlled by Cerberus Capital Management
The president asked Chrysler and rival General Motors Corp
Fields said the automaker did not feel disadvantaged by the $17.4 billion in emergency government loans that were extended to rivals GM and Chrysler.
Ford is the only U.S. automaker not operating with emergency U.S. government funds and has said it does not see any need to seek U.S. aid.
We do have a significant amount of liquidity and based on our assumptions ... we have no plans to access any of the emergency taxpayer funds, Fields said.
Ford moved ahead of GM and Chrysler in restructuring by slashing automotive debt by 38 percent, or $9.9 billion. It was also the first to reach an agreement with the United Auto Workers to slash cash payments for a union retiree healthcare trust.
(Reporting by Poornima Gupta, editing by Matthew Lewis)