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Cash Burn Accelerates at Faltering Ford

Fri, Nov 7, 2008

Consumer Electronics

Cash Burn Accelerates at Faltering Ford Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion in cash. The automaker also said it will cut about 2,260 more white-collar employees in North America as it tries to weather the worst economic downturn in decades. Full Story Vanishing jobs, stressed consumers feed downturn Detroit seeks Congress aid on retiree health care Quote of the day To this day, I believe the best thi

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Cash Burn Accelerates at Faltering Ford

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