Ford Loses Nearly $3 Billion, More Cost Cuts Ahead

November 6, 2008

Ford Motor Co. posted a deeper-than-expected $2.98 billion quarterly operating loss on Friday and told investors it would take aggressive actions to further cut costs as it faces a severe slump in demand.

*For more on this story,

read the full Reuters article.

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Ford Loses Nearly $3 Billion, More Cost Cuts Ahead

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