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Published on .

Flush with $24 billion in cash, Ford Motor Co. said last week its planned purchase of the car business of Sweden's AB Volvo for $6.45 billion will increase its profits and revenues. Auto analysts expect Volvo to help Ford in Europe, where its earnings were off 60% in 1998, and to double Volvo's sales volume in the U.S. A week earlier, Ford reported strong fourth-quarter results but a 2.5% dip in full year 1998 annual net income to $5.9 billion. In trading
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