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Despite Losses, Ford Rejects Federal Loans
by Tracy Samilton, NPRJanuary 29, 2009
Ford Motor Co. lost nearly $6 billion in the last quarter of 2008, and burned through $5.5 billion in cash.
The company insists, however, it will not need to tap federal bridge loans. The company is optimistic it can take a different path to recovery than Chrysler and GM.
Tracy Samilton reports for Michigan Radio.
Copyright 2013 NPR. To see more, visit http://www.npr.org/.9(MDAxODEwNTYyMDEyNTM4NDM3NDE1NWI3Yw001))
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