Ford posts record loss, draws $10 billion in credit (Reuters)

A Ford employee works on the 2009 Ford F-150 at Ford's Kansas City Assembly Plant in Claycomo, Missouri, October 2, 2008. (Sam VarnHagen/Ford Motor Co/Handout/Reuters)Reuters – Ford Motor Co reported a record $14.6 billion full-year loss on Thursday but said it would have the cash to survive the worst downturn in auto sales in decades without a U.S. government bailout.

Leave a Reply