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CEO Mark Fields defended Ford Motor Co.’s outlook of a “much weaker than normal” second half of the year as the company reported a 56 percent decline in third-quarter net income to $957 million today.

“I would call our approach realism -- not optimism, not pessimism” Fields said in a call with financial analysts today. “It’s realism.”



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Ford Q3 Profits Nosedive 56% After North American Sales Cool

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