UPDATE 1-Funds may rebalance auto stocks on GM IPO - Ford

Newswire

* Ford only large US automaker publicly traded * Mutual funds, others may spread investments-Bill Ford * Moving business in right direction more important-Ford DETROIT, Aug 20 (Reuters) - Mutual funds and other large stockholders may rebalance auto sector holdings after General Motors Co's [GM.UL] initial public offering, but day-to-day stock prices are not the main measure of Ford Motor Co's turnaround, Ford Executive Chairman Bill Ford said on Friday. "Just mathematically a lot of ...

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