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A Ford back in the driver's seat at Ford

DETROIT, Oct. 30 (UPI) -- Ford Motor Co. head Jacques Nasser resigned Tuesday and was replaced in a senior management shakeup by Chairman William Clay Ford Jr., the great-grandson of founder Henry Ford, the company said. Nasser's ouster came following a power struggle that saw Nasser relinquish part of his duties in July amid worsening losses and white-collar layoffs.

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