Thursday, May 10, 2007

UPDATE 1-Ford CEO says making progress on restructuring

(Reuters) - "We are not where we need to be, but we are making very good progress," Mulally told shareholders at the annual meeting.

Ford is attempting to engineer a turnaround from last year's record $12.7 billion loss and reinvent itself as a leaner and more flexible competitor.


Read more at Reuters.com Bonds News

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