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Ford Loses $5.8 Billion, Eliminates Taurus Line The Ford Motor Company announces quarterly losses of $5.8 billion, the result of charges for wide-scale job cuts and slowing demand for its trucks. In announcing its deepest loss since 1992, the company also said that the last Ford Taurus sedan will roll off its Atlanta assembly line Friday.

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Ford Loses $5.8 Billion, Eliminates Taurus Line

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Ford Loses $5.8 Billion, Eliminates Taurus Line

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The Ford Motor Company announces quarterly losses of $5.8 billion, the result of charges for wide-scale job cuts and slowing demand for its trucks. In announcing its deepest loss since 1992, the company also said that the last Ford Taurus sedan will roll off its Atlanta assembly line Friday, the last of 7 million Tauruses sold.

Robert Siegel talks with Mark Phelan of The Detroit Free Press about how the decline of the Taurus and the decline of the company's earnings are linked.