Ford Reports 1st Quarter Loss of $1.4 Billion


Edmunds Auto Observer - April 23, 2009

Despite a first quar­ter 2009 loss of $1.4 bil­lion, Ford Motor Com­pa­ny still exceed­ed ana­lysts’ expec­ta­tions and says it’s on track to break even or show a prof­it by 2011. Major chal­lenges still lie ahead, says Ford CEO Alan Mulal­ly.

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