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Final Assembly

Ford profits fall on recall charges, higher costs

Ford reported first-quarter net income of $1.6 billion, down $900 million from a year earlier, as revenue rose and profit margins shrank. Pretax earnings were $2.2 billion, down $1.6 billion, or 42 percent, from a year earlier, when Ford posted its best quarter in the company's 114-year history.


Land Rover hits Landwind headwind

Land Rover is having no luck quashing the brazen - and successful - Chinese copy of its Range Rover Evoque, Jaguar Land Rover CEO Ralf Speth said at the Shanghai auto show last week.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

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