Wall Street expects Ford Motor Co. to press on with its attrition program as the auto maker seeks “further cost reductions” as a hedge against profit-draining market conditions. Reaction follows Ford’s revelation that 2009 will not bring profitability, an admission that counters the message delivered to shareholders just two weeks ago by CEO Alan Mulally. Citing rapidly changing buyer patterns sparked by soaring gasoline costs, Ford also announces it will slice 20,000 units from its ...

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