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Management’s Discussion and Analysis of Financial Condition and Results of Operations
18 Ford Motor Company | 2008 Annual Report
'-$7!7%27<2.12.2+-2.7 .173! 77=@FF72!--!87=@;G73!--!87.7=B73!--!877
B>>K87B>>J87.7B>>I87 !(-87 . 7,7!7 737!.-7! 2;77&7! 77 7 .17 77 79 .17
!.-7! 27-! 7.3(87 7!2. 77.7!7 .17. 777 .173.-.87.87!7B>>J87.7=@;G73!--!73! 7
- !7 7.7!7$77 .17. 7(.-$. !7.--,.7.--. 7 7$.7<12.2!2+2
. 7 .)!7! 7!. !7!2727!.!*+22.%2.7<*12,7 2!!7, 7
$!! 7$ $7 .1.3-7!271! 7 7.-!77 .17. ;7
7
&7!$!73-,77$ 2 !(7.7!.!.-7"(!7 7$- 77. !7!77.79 .173.!;777
6
)%%&.6!%6!)%!66%&!6
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=;;D61-6+ 6=;;C6
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 .!-7372 773$!7$! 77$.7<12/2.2+-2.7,73-,7E!72!--!587,! 7+.$.7
.7(7.7 7. !72 7.. 7$ 727:!:7$3  .-O7
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