DETROIT – Ford Motor Co. is formulating an incentive package to combat the one being offered by General Motors Corp. “Obviously, we have to respond,” Ford Division President Jim O’Connor says, adding the auto maker is considering “four or five” formulas. GM last week announced it is giving consumers a $2,002 rebate on a wide range of vehicles, replacing its 0% financing scheme. The earlier plan launched an incentive war during the fourth quarter of ’01 that ensnared several auto ...

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