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Tuesday, June 18, 2013

Ford, GM set to lose combined $1 billion in Europe

A car burns as workers block the main gate of the Ford plant in Genk, Belgium on Thursday Oct. 25, 2012. Ford Motor Co. announced Wednesday it planned to close a car plant in eastern Belgium - one of its main European factories - by the end of 2014, a move that would result in 4,500 direct job losses and 5,000 more among subcontractors. (AP Photo/Geert Vanden Wijngaert)

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