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Haiti's Map

Haiti's Map

Haitian Mangoes

Haitian Mangoes
2016 Hurricane Matthew uprooted many mango trees

Haiti's Map

Haiti's Map

Thursday, July 24, 2008

Ford Lost Billions in Quarterly Loss: Gas Guzzlers Let It Down

Ford Motor Co posted a record $8.7 billion quarterly loss on Thursday as it wrote down the value of slumping truck and SUV operations and revamped plans in a bid to break its reliance on the gas-guzzlers that have been its franchise vehicles for a decade.

The second-quarter loss was deeper than analysts had forecast and Ford shares fell by 15 percent. Its bonds also traded lower.

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