Ford cuts N. American production, cuts profit goal

Discussion in 'World Events' started by NewsBot, May 22, 2008.

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    DETROIT (AP) -- Ford Motor Co. is cutting North American production of pickups and SUVs as car buyers eyeing record gas prices turn toward more fuel-efficient models. The automaker says it no longer expects to return to profitability by 2009 and didn't rule out layoffs and plant closures....

    By DEE-ANN DURBIN

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    NewsBot, May 22, 2008
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