Ford Motor Co. is taking a number of actions to maintain day-to-day operations and sufficient liquidity levels after burning through $7.7 billion in cash in the third quarter. Ford today reports a third-quarter pre-tax loss of $2.7 billion, down from a $194 million profit year-ago. The net loss amounts to $129 million, or $0.06 per share, and compares with prior-year’s loss of $380 million, or $0.19 a share. Much of the decline was due to brutal economic conditions that have buffeted ...
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