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Summary: Unlike the other two firms comprising the Detroit 'Big 3', Ford Motor Company has managed to avoid filing for Chapter 11 in the worst recession to hit the US auto industry in decades. The firm is moving closer to sustainable profitability at much lower volume. Many say that Ford CEO and President Alan Mulally can take considerable credit for that. Big corporate turnarounds aren't easy, but as he tells Dave Leggett, the important thing is to have a vision and act decisively.
Word count: 4,374
Date: 28 October 2009
Source: Dave Leggett
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