Ford Posts $8.7B Loss on Truck Slump

July 23, 2008

Ford Motor Co. posted a record $8.7 billion quarterly loss on Thursday as it wrote down the value of slumping truck and SUV operations and revamped plans in a bid to break its reliance on the gas-guzzlers that have been its franchise vehicles for a decade.

*For more on this story,

read the full Reuters article.

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Ford Posts $8.7B Loss on Truck Slump

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