Ford Motor reported that its ongoing losses soared in the fourth quarter, but the company reiterated it still does not need the federal bailout already received by its two U.S. rivals.
Ford reported a net loss of $5.9 billion, or $2.46 a share, up from a loss of $2.8 billion in the same quarter a year ago. For the full year, Ford lost $14.6 billion, and the company has now lost nearly $30 billion over the past three years. Whatever happened to the U.S. economy, when did all this began??? I mean seriously this is getting worst and worst..... and it's gonna get bad before we see some changes.......
Ford reported a net loss of $5.9 billion, or $2.46 a share, up from a loss of $2.8 billion in the same quarter a year ago. For the full year, Ford lost $14.6 billion, and the company has now lost nearly $30 billion over the past three years. Whatever happened to the U.S. economy, when did all this began??? I mean seriously this is getting worst and worst..... and it's gonna get bad before we see some changes.......
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