from The Wall Street Journal
Ford Motor reported a quarterly net loss of $1.4 billion as sales slumped, but its results were better than expected. Cash burn slowed and the auto maker reiterated it does not plan to seek a bridge loan from the U.S. government. CEO Mulally said the company made "strong progress" on its transformation plan in the quarter amid an "extremely difficult business environment."
http://online.wsj.com/article/SB124056802228652509.html#mod=djemalertNEWS
Ford Motor reported a quarterly net loss of $1.4 billion as sales slumped, but its results were better than expected. Cash burn slowed and the auto maker reiterated it does not plan to seek a bridge loan from the U.S. government. CEO Mulally said the company made "strong progress" on its transformation plan in the quarter amid an "extremely difficult business environment."
http://online.wsj.com/article/SB124056802228652509.html#mod=djemalertNEWS
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