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Ford Slowly Climbing Over Debt

Posted: July 27th, 2010 | Author: | Filed under: Auto News, Ford | Tags: , | Comments Off on Ford Slowly Climbing Over Debt
With better cars and higher prices, Ford is generating the cash it needs to get back on its feet.
DETROIT – Ford Motor hocked everything, even the company’s famous logo, to avoid the kind of collapse that landed General Motors and Chrysler in bankruptcy. The downside is that now the company is buried in debt.
But if Ford keeps generating results like it did in the second quarter, that’ll be less of a problem. Read the full article »»»»