Thursday, July 24, 2008

Ford Looses $8.7 Billion in Q2, Decides to Bring Six Euro Models in the U.S.

Ford Motor Co. today reported a second-quarter net loss of $8.7 billion which is the company’s worst quarterly results ever. But to sweeten things up, FoMoCo also announced that in response to the downturn and the dramatically changing conditions in North America, Ford, Mercury and Lincoln’s line-up will be almost completely revamped by the end of 2010. The most important news is that Ford will

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