Ford Motor Co. is stepping up efforts to repay its outstanding automotive debt and now says it is on a path to have its cash on hand equal to its debt load by yearâ€™s end. â€śWeâ€™re ahead of where we thought we could be on improving our balance sheet and repaying our loans,â€ť CEO Alan Mulally says in a conference call with analysts and reporters to discuss third-quarter financial results. The auto maker today took a step toward knocking some $3.6 billion off its balance sheet with the ...
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