Wednesday, November 12, 2008

Ford posts $129 million loss, plans more cuts

 

Nov. 7: CNBC’s Phil LeBeau goes through the details of Ford’s 
earnings report for the latest quarter in which the struggling automaker 
burned up $7.7 billion in cash.  (CNBC)Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion in cash.

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