Ford warns of $2 billion quarterly loss as coronavirus outbreak hammers sales

Ford’s vehicle sales to dealers fell 21% in the first quarter, compared with the same period in 2019. In March, the company shuttered plants in North America and Europe due to the COVID-19 outbreak. Only Ford’s joint ventures in China, where the pandemic has been receding, are currently producing vehicles and dealers have resumed work. …read more

Source:: Yahoo Finance

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