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Parts, por favor

A man works at an assembly line at the Ford Motor Co. in Valencia, Venezuela, this week. Ford Motor Co.’s subsidiary announced 10 per cent cutbacks last week, other automakers also are shrinking their business — but not because Venezuelans don’t want to buy cars. They’re closing down because the government won’t give them enough dollars to import parts.
Venezuela Currency Crunch
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A man works at an assembly line at the Ford Motor Co. in Valencia, Venezuela, this week. Ford Motor Co.’s subsidiary announced 10 per cent cutbacks last week, other automakers also are shrinking their business — but not because Venezuelans don’t want to buy cars. They’re closing down because the government won’t give them enough dollars to import parts.