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Ford Motor Co. on Monday announced its first profit in North America since 2005, posting a third-quarter net income of nearly $1 billion, the Los Angeles Times reports. The only major U.S. automobile manufacturer that did not file for bankruptcy this year, Ford made a pre-tax profit in North America of $357 million in the period from July to September, a dramatic rebound from its $2.6 billion loss in the same quarter last year.Follow Politics Daily
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