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Ford Sticks With Breakeven Prophecy
Ford declined the chance on Monday to boost its internal targets above
breaking even in 2002. Meeting with journalists prior to the New York Auto
Show, Ford CFO Martin Inglis said the company was pleased by some positive
signals in the economy and had raised U.S. market estimates by as much as
a million units, yet still was concerned over uncertainties in the
economy. "I would see us getting to some form of profitability in the
second half of the year," Inglis was quoted by Reuters.
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