DETROIT -- In a fresh sign of the turmoil wrought upon the auto industry by high fuel prices and cratering demand for trucks, Ford Motor Co. reported an $8.7 billion loss for the second quarter and outlined a plan to reorient its North American operations to ramp up production of small cars.
From: webmaster. Added: 12:00 AM, July 25th, 2008.
Tags: crash, economy, ford, loss, profits, slowdown, writedown,

Subscribers to the International Forecaster can login and add links.