Problems face Ford despite $1 billion profit

Nov 2nd, 2009 - Washington Times

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Ford Motor Co. reported a third-quarter profit of nearly $1 billion Monday, a testament to the automaker's shrewd financial and product moves in recent years, but analysts worry the company could become a victim of its own success.

The same day, the United Auto Workers union (UAW) announced that Ford workers rejected a new contract pushed by union leaders, at least in part because its members felt that Ford was so healthy they didn't have to make further concessions.

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