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High Oil Prices May Undermine Ford, GM, U.S.-Market Recovery

Japanese, Europeans Better Placed With Fuel Efficient Line-ups Persistently high oil prices could stall the recovery at Ford and General Motors, and boost Japanese carmakers and Europeans like Daimler, BMW and Volkswagen, Moody’s Investors Service said. The price of crude oil has jumped to around $115 from below $80 last September, as demand has recovered […]

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