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Feb
1st

THE WEEK THAT WAS: Ford nets billions, Toyota recalls another million…

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A mixed week of mostly good news, industry niggle in France and financial woes at PSA excepted. Ford booked a healthy US$5.7bn full year net profit for 2012 - our resident commentator weighed in on that here - and Toyota announced yet more recalls totalling about 1.3m units - mostly Corollas but also some Lexus IS. Airbag control modules and wiper bolt tightness.
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