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Ford Expects $600 Million First Quarter Loss
Ford (and everybody else) is losing a lot of money, Big Oil’s production cut is basically meaningless, and it’s going to be rough for electric cars for awhile. That and more in The Morning Shift for April 14, 2020.

Ford Motor Co. said on Monday it expects to post a pretax loss of about $600 million for the first quarter as the coronavirus pandemic pummeled its operations, resulting in a 21 percent drop in vehicle sales to dealers versus the same quarter in 2019.