DEARBORN, MI – With its $4.1 billion restructuring plan, observers say Ford Motor Co. is doing all it can – too much, says the Canadian Auto Workers union – to reverse its fortunes. The plan – which shutters up to seven plants, eliminates 35,000 jobs globally, significantly reduces capacity and purges the auto maker of four vehicle lines by year’s end – targets a mid-decade turnaround. “I don’t think they could do it any faster,” says Burnham Securities analyst David Healy, referring to ...
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