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From Times Staff and Wire Reports

Ford Sees Better Year: Ford Motor Co. predicted that its 1992 earnings will be substantially better than in 1991, when it lost a record $2.3 billion. But Ford said in its annual report that the expected improvement depends on the economy recovering from the long slump that made 1991 the worst year ever for the domestic auto industry. In the just-released report, the nation’s No. 2 car maker also estimated that health care and other benefits for retirees could cost as much as $9 billion in coming years.

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