Ford says does not need government loans (Reuters)

A Ford employee works on the 2009 Ford F-150 at Ford's Kansas City Assembly Plant in Claycomo, Missouri, October 2, 2008. (Sam VarnHagen/Ford Motor Co/Handout/Reuters)Reuters – Ford Motor Co posted a deeper than expected quarterly net loss on Thursday, but said it would have sufficient cash to fund its turnaround without seeking government loans, and shares rose in premarket trade.

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