Restructuring in Europe and the Visteon Corp. spin-off took a $3.3 billion bite out of Ford Motor Co.'s earnings, as the automaker posted a net loss of $577 million for the second quarter. On an operating basis, Ford fared much better, pocketing a record $2.7 billion, up from like-1999's $2.5 billion. The performance came on revenues of $44.5 billion, a rise of 6.2% from year-ago. Overall, the automaker's return-on-sales hit 5.6%, up half a point from 1999. But in North America its ROS ...

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