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EDITORIAL

Ford Motor must stay focused on recovery

Even though the turnaround at Ford Motor Co. has a long way to go, it's encouraging that investor Kirk Kerkorian and his Tracinda Corp. see value in the automaker. But as the financial drama unfolds, it is crucial that Ford Motor stay focused on executing its game plan. A distraction could hamper the fledgling turnaround. [SUB]

EDITORIAL

No gas tax holiday

Talk about a mixed message: Newly proposed rules by the Bush administration call for an aggressive effort to increase the fuel economy of cars and light trucks. But in the political silly season, presidential candidates John McCain and Hillary Clinton have proposed a gasoline tax holiday between Memorial Day and Labor Day. [SUB]

EDITORIAL

New CAFE rules: Fast, furious and mostly fair

After largely ignoring vehicle fuel economy for three decades, Washington now demands that automakers achieve 4.5 percent annual improvements in federal standards -- starting just two years from this fall. That might seem unjust. But car companies understand that the world has changed and they need to change, too. [SUB]