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Bad, bad quarter for Ford in Europe

All is not well overseas for the Ford The Detroit News reports that the car maker revealed today that it is increasing its loss projection for Ford in Europe. The Ford profits drop for Europe this year is on pace to almost double the formerly projected loss level of $1 billion. The euro zone economic crisis, which has featured sufficient servings of runaway debt and high joblessness, is considered to be a serious factor in Ford's lackluster European sales performance. Are you trying to purchase

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