More Bad News for Ford

Plummeting demand for trucks and SUVs in the U.S., and now news of a big third-quarter loss, put Ford in a precarious position

Ford Motor (F) reported a third-quarter net loss of just $129 million on Nov. 7. But the numbers that Wall Street and the U.S. government are paying attention to more closely are the $2.9 billion operating loss and the $7.7 billion in cash reserves burned to offset plummeting demand for new vehicles.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.