Ford (F) -2.5% AH after its CFO says international losses would triple in Q2, primarily because...

|About: Ford Motor Company (F)|By:, SA News Editor

Ford (F) -2.5% AH after its CFO says international losses would triple in Q2, primarily because of much weaker European sales, and it could close an assembly plant in Europe should demand keep falling. Ford lost $190M in Q1 in its overseas operations, with Europe accounting for nearly 80%; it had forecast Q2 international losses would be roughly the same as Q1.