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"Personally, I'm kind of ignoring the European financial results until they complete this re-organization of production facilities because I don't think near term results mean much."

I concur in principle, but I was afraid of well over 2 B in losses this year. I am hopeful that number includes a whole lot of buyouts and factory closing costs.

Nice tidbit:

"Ford also saw its incentives per vehicle sold shift down to $2,700, or 2.2%."


One of these two things cannot continue. Margins at 10-11% and incentives of $2,700.

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