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US:Ford estimates pretax charges of $65 million to $85 million

Ford estimates pretax charges of $65 million to $85 million

Reuters

DETROIT -- Ford Motor Co. will take a pretax charge of $65 million to $85 million as a result of its decision to divest interest in certain dealerships in the Asia Pacific and African region, the automaker said in a U.S. regulatory filing on Wednesday.

No cash expenditure will result from these charges, Ford said.


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My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.

My next Ford.....
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