USA Today, October 30, 2012, Tuesday
USA Today
October 30, 2012, Tuesday
USA Today (full article)
Ford posts $1.6 billion profit despite Europe
It could take automakers years to right themselves in financially troubled Europe, and the costs will be staggering. "It will cost Ford $1 billion to close those plants," says Art Wheaton, auto expert at Cornell University's Industrial and Labor Relations School.
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