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Ford Motor Co. said it lost $5.9 billion in the fourth quarter and burned through $5.5 billion in cash as sales slumped, but the company still says it does not plan to seek federal loans. After losing $14.6 billion in 2008, the second-largest U.S. automaker said it would cut 1,200 jobs at its credit arm and will borrow $10.1 billion from an existing line of credit to help get it through what is expected to be a tough 2009.
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