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In what appears to be a successful turnaround for an ailing auto company, Ford Motor CoCEO/President Alan Mulally in the company’s statement. Mr Mulally gave an indication of how the company’s plan will affect its future growth with the following comments:“In the past several years, we have substantially restructured these businesses. We believe this is an indication that our efforts to leverage Ford’s global assets across the world will bear fruit. Going forward, we remain committed to our key business objectives, including our goal of reaching North America and overall Automotive profitability in 2009 despite the challenging economic conditions.” The company’s leadership team has an excellent brain trust at its disposal. (NYSE:F) reported on Thursday that it went from a net loss of $282 million in the first-quarter 2007 to a net income of $100 million in the first-quarter 2008. This was a turnaround that had very little to do with luck or chance and had everything to do with the company’s cool-headed leadership skills. The company’s strategic plan for cost-cutting and growth paid off.“The results of this quarter are encouraging, particularly our outstanding performance in Europe and South America,” said Ford
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