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Ford reports $8.7 bn loss in Q2

Bloomberg / Dearborn (Michigan) July 25, 2008, 0:45 IST The company will shift focus from money-losing trucks to fuel-efficient vehicles. Ford Motor Co, the world's third-biggest automaker, posted a record quarterly loss of $8.7 billion and accelerated a conversion to fuel-efficient vehicles to wean itself from money-losing trucks.