Ford Loses Billions, Says It Expects To Lose $5B In The Second Quarter
(CBS DETROIT) - Troubles continue for the auto-industry.
Ford Motor Company says it lost $2 billion in the first quarter of this year.
Ford expects to lose another $5 billion by the end of the second quarter.
The automaker says with no vehicles being made in April and a production start date of May financial trouble is certain during the pandemic.
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