Ford Motor Company has reported a net loss of $282 million for the first quarter of 2007, comparing favourably with a net loss of $1.4 billion in the first quarter of 2006.
Ford's first-quarter loss from continuing operations, excluding special items, $171 million, compared with $223 million in the same period a year ago. Special items, which primarily reflected the impact of restructuring efforts, reduced pre-tax results by $113 million in the first quarter.
How can they loose so much ?
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