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Ford buoyant as 2010 kicks off

Ford has quite a few reasons to smile lately, with the company posting an outstanding full year net income of $2.7bn. Ford, the only one of the Big Three U.S. automakers that did not opt for a government bailout last year, posted an improvement of $17.5bn from 2008, or 86 cents per share, driven in part by favorable net pricing, structural cost reductions, net gains on debt reduction actions and strong Ford Credit results.
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