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On October 26, 2010 Ford Motor Company reported record third-quarter profits, raised its production forecast and said it will speed up steps to pare debt. Ford’s $1.7 billion in net income was up from $997 million a year earlier. The … Continue reading
New-vehicle buyers are having an easier time getting credit, signaling U.S. auto sales may continue to accelerate after last month reaching the fastest pace since the government’s “cash for clunkers” program. Federal Reserve data shows banks began easing consumer- lending standards … Continue reading