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The company's 41,000 United Auto Worker members are voting through the week on a contract that brings them more in line with General Motors Co. and Chrysler Group, which underwent bankruptcy this summer and emerged with drastic restructuring plans and new management.
Ford, however, has reported an $834-million profit for the first half of the year, the Detroit Free Press reported Monday.
A large portion of the gains came from one-time debt restructuring and the company still carries a debt load of $35 billion.
Two union locals have approved the new contract, but other union members remained skeptical.
"If you want to be competitive with GM and Chrysler, go through bankruptcy, and then we'll understand," said Tammy Johnson at UAW Local 600 in Redford Township, Mich.
"When it was a real crisis, we approved it. We're proud to work for Ford, but ... Ford's future is looking a lot better," said Mohammed Mondale, a UAW member in Dearborn, Mich.
Copyright 2009 by United Press International.
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