Detroit Automakers Estimated Losses: GM, Ford, Fiat Chrysler Lose Billions In Q2
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(CBS DETROIT) - Several Detroit automakers are expected to report major losses in their second quarter earnings.
Earlier Wednesday General Motors reported a loss of $800 million as the coronavirus slammed sales.
Ford Motor Company is expected to report a loss of $4.9 billion on Thursday.
Experts also estimate Fiat Chrysler will report a loss of $2.3 billion on Friday.
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