Ford’s net loss for the quarter was only $129m, but special items worth $2.2bn related to its healthcare settlement with the United Auto Workers union muted the true extent of the decline.
Friday, November 7, 2008
Ford Burns Through $7.7 Billion in 3Q
Ford Motor reported this morning that it had burned through $7.7bn of cash over the last quarter.
Ford’s net loss for the quarter was only $129m, but special items worth $2.2bn related to its healthcare settlement with the United Auto Workers union muted the true extent of the decline.
Ford’s net loss for the quarter was only $129m, but special items worth $2.2bn related to its healthcare settlement with the United Auto Workers union muted the true extent of the decline.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment