Despite Losses, Ford Rejects Federal Loans Ford Motor Co. lost nearly $6 billion in the last quarter of 2008, and burned through $5.5 billion in cash. The company insists, however, it will not need to tap federal bridge loans. The company is optimistic it can take a different path to recovery than Chrysler and GM.
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Despite Losses, Ford Rejects Federal Loans

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Despite Losses, Ford Rejects Federal Loans

Despite Losses, Ford Rejects Federal Loans

Despite Losses, Ford Rejects Federal Loans

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  • <iframe src="https://www.npr.org/player/embed/100027461/100027438" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Ford Motor Co. lost nearly $6 billion in the last quarter of 2008, and burned through $5.5 billion in cash.

The company insists, however, it will not need to tap federal bridge loans. The company is optimistic it can take a different path to recovery than Chrysler and GM.

Tracy Samilton reports for Michigan Radio.