Analysis: Ford CEO 'Green' Road Trip to Cost $23,000 in Lost Wages
It may have been nothing but a publicity stunt, but it didnât come cheap for Ford Motor Company CEO Alan R. Mulally.
After being embarrassed in front of a congressional committee for flying in a private jet to ask Congress for a bailout, Mulally revealed he would make the 525-mile trip from
Macke, using AAA data, determined that making the trip in the Ford Escape Hybrid it would cost $30.42 in gas, $9 for two stops for food (McDonaldâs and Dunkinâ Donuts), $21.25 in tolls and an astounding $23,424.66 in lost wages for Mulally, who made $22 million last year in salary. Thatâs slightly higher than the $20,000 it would cost to charter a private jet according to Macke.
âSo your total - $23,485.33 â give or take just for the Kabuki theater of everyone getting into the Escalon (sic) for the worst road trip in the history of man,â Macke said. âNo fun is had by anyone. An intern suffers, maybe dies of bladder poisoning and you do this all because Nancy Pelosi thinks youâre green.â
Ratigan pointed out all three executives of the big three automakers â Fordâs Mulally, General Motorsâ Richard Wagoner and Chryslerâs Robert Nardelli could have flown Southwest Airlines from Detroit to Washington for under $1,000. However, Southwest only flies to Baltimore-Washington International Airport (BWI) â some 45 minutes away from the U.S. Capitol.
However, to make the comparison fair, an Internet search revealed U.S. Airways is offering airfares as low $97 for a one-way direct hour-and-33-minute flight departing from Detroit Metropolitan Wayne County Airport (DTW) to Washington-Reagan National Airport (DCA). Washington-Reagan is a 4.5-mile, $11-cab ride to the U.S. Capitol, according to the airportâs Web site. That would result in roughly two hours of lost wages â or $5,205.48 versus the $23,424.66 lost by making the nine-hour âgreenâ road trip.