Ford posts 4th qtr loss on restructuring, Visteon

Newswire

DEARBORN, Mich., Jan 22 (Reuters) - Ford Motor Co. on Thursday reported a larger net loss for the fourth quarter, as the costs of job cuts in Europe and a restructuring of its deal with parts maker Visteon Corp. offset improved auto profits. Ford said it lost $793 million, or 43 cents a share in the quarter, compared with a net loss of $130 million, or 7 cents a share, in the same period a year ago. Excluding charges, Ford said it earned 31 cents a share, compared with earnings of 11 cents ...

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