Tuesday, October 24, 2006

Ford reports $5.8 billion 3Q loss

[Quote]
"Ford said Monday its loss widened to $5.8 billion in the third quarter, weighed down by the costs of its massive restructuring plan aimed at reshaping the company and cutting expenses so it can compete better against lower-cost rivals from overseas. It was the largest quarterly loss for the nation's second biggest automaker in more than 14 years."

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