Ford reports $5.8 billion 3Q loss

NewsBoy

News Delivery
Ford said Monday its loss widened to $5.8 billion in the third quarter, weighed down by the costs of its massive restructuring plan aimed at reshaping the company and cutting expenses so it can compete better against lower-cost rivals from overseas. It was the largest quarterly loss for the nation's second biggest automaker in more than 14 years.

More at link...
 
Back
Top