(CBS Detroit) – This week Detroit’s automakers reported their second-quarter earnings and losses amid the coronavirus pandemic.
Earlier this week General Motors reported a loss of $800M as COVID-19 slammed sales.READ MORE: Third Stimulus Check: Will Your Next Relief Payment Be $1,400?
Ford Motor Company reported a loss of $1.91B which was better than what the company predicted.READ MORE: Michigan Reports 1,526 New COVID-19 Cases, 37 Deaths Friday
Fiat Chrysler reported a loss of $1.24B billion dollars which was also better than expected.
In the rankings for which automakers lost the most money during Q2 Ford comes in first followed by Fiat Chrysler and GM.MORE NEWS: Stimulus Check Update: Are Relief Payments Bad For The Economy?
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