Ford Motor Company second quarter loss of 8.67 billion U.S. dollars

Ford Motor Company reported second-quarter earnings release,财报显示the company's second fiscal quarter to a substantial loss. The company's second-quarter net loss of 8.67 billion U.S. dollars, or 3.88 U.S. dollars a year earlier net profit of 750 million U.S. dollars, 31 cents a share. Quarter earnings fell 13 percent to 38.6 billion U.S. dollars. Prior to this, analysts expect the company to a loss of 27 cents a share, on revenue of 34.6 billion U.S. dollars.

The company's chief financial officer in an interview after the results announcement that the company has sufficient liquidity and need for more financing. In fact, in 2006 the company made on the preparations for the business downturn, corporate liquidity is certainly adequate.

Ford said the second quarter of the cash-scale automotive business for 26.6 billion U.S. dollars, the overall liquidity of 38.2 billion U.S. dollars.