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Ford posts $8.7 billion second-quarter loss on truck slump DETROIT (Reuters) - 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.Source: http://feeds.reuters.com/~r/reuters/smallBusinessNews/~3/344630555/idUSWNAB229620080724 |
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