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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Top Stories Full Coverage Most Popular Photos Search Search: Ford loses $129mln in third quarter, to cut 10% of jobs AFP - Saturday, November 8 NEW YORK (AFP) - - Ford announced Friday it lost a better-than-expected 129 million dollars in the third quarter, and that it would be cutting 10 percent of its jobs. The quarterly figures compare with a loss of 380 million dollars in the same quarter a year earlier. It is a six-cent loss per share compared to a 93-cent loss per share. The automaker, which saw sales slide more than 30 percent in September and October in the United States, said its job cuts would aim to retool production toward vehicles that use less gas while cutting production of larger vehicles. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Enlarge Photo The Ford Motor Company logo at a dealership in Hudson, Wisconsin. Ford has announced it lost a better-than-expected 129 million dollars in the third quarter, and that it would be cutting 10 percent of its jobs. Most Popular – Top Stories Viewed IMF sees recession in advanced economies in 2009 Among Obama's next challenges: his own security US doctors tell Liu Xiang he needs surgery Obama discusses global financial crisis with world leaders Airline profits nosedive as leaders debate finance crisis View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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