For Ford, 2008 is Suddenly a Lot Closer

Ford Motor is countering rumors that it will fail to return to profitability in 2008but what if the rumors are right?

It's not like Mark Fields, Ford Motor's (F) executive vice-president of the Americas, didn't have enough on his hands already. Sales are down, share price is sagging, debt has been downgraded, and now he has to battle nasty rumors that the company's promised return to profitability in 2008 is as realistic as the Detroit Lions' prospects of winning the Super Bowl.

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