Coronavirus Drags Ford Into $2 Billion Quarterly Loss

Call it the coronavirus crash. Ford Motor Company released its first-quarter 2020 financial results late Tuesday, revealing a deep dip into the red as March’s production shutdown and and domestic (and overseas) sales dive ate into earnings. Free cash flow was negative $2.2 billion last quarter, Ford said, as it reported a net loss of […]

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via Autobuzz Today

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