The loss caps the automaker's worst year. CEO Alan Mulally says the company will not need government help like GM and Chrysler, at least for now. With vehicle sales and revenue crashing in all its markets worldwide, Ford Motor Co. on Thursday reported a worse-than-expected $5.9-billion loss for the fourth quarter but continued to insist that it could operate without help from Washington.
Ford reports $5.9 billion fourth-quarter loss
Ford Motor Co. said Thursday it lost $5.9 billion in the fourth quarter and burned through $5.5 billion in cash as sales slumped.
UK's largest union backs govt bailout for Tata's JLR
Tata Motors' case for state financial aid for Jaguar Land Rover today received support from Britain's biggest trade union, which wants the government to provide help by Christmas, as Tata has injected
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