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Ford Motor Ready For Spike In Gas Prices

DETROIT (WWJ) - Ford CEO Alan Mulally says his company is better positioned to withstand rising gasoline prices compared with three years ago when $4 gas battered the auto industry. 

Mulally says Ford has revamped its product lineup to offer more small and mid-size fuel- efficient cars that he says are appealing to consumers in ever- increasing numbers.

Mullaly was in Washington to meet with members of the Obama administration and Congress.

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