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Ford: We make money even if U.S. auto sales fall 30%

2016-03-23 08:53:38| Auto Dealers - Topix.net

Ford Motor Co., responding to investor fears that the U.S. auto market is peaking, told analysts it could still earn a profit even if the industry's sales plunged 30 percent in one year. Investors traded down Ford shares 3.1 percent this year through yesterday on concern that the U.S. auto expansion has peaked and earnings will be pressured.

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