Comment on Ford loses $1.4 billion but beats expectations

Ford loses $1.4 billion but beats expectations

Ford loses $1.4 billion but beats expectations

Despite plummeting sales, its per-share loss is about half of what analysts had predicted. Also today, GM borrows more federal funds, and reports point to Chrysler bankruptcy. Amid swirling rumors about the fate of the U.S. auto industry, Ford Motor Co., the only domestic carmaker not to rely on federal aid, reported a first-quarter loss of $1.4 billion, bettering analysts' expectations.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News