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Archive Home > 2009 > April > 25 > Ford loses $1.4 billion, and that’s good news

Ford loses $1.4 billion, and that’s good news

By Nick Bunkley and Bill Vlasic / The Bulletin
April 25, 2009

DETROIT — The Ford Motor Co. unleashed a torrent of dismal financial numbers Friday, saying that it lost $1.4 billion, sales fell 43 percent, and it spent $3.7 billion of its cash during the first quarter. But in the new math of the Detroit auto industry, this was good news.

Investors....

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