Ford posts Q2 results with net loss, revenue growth


By Xu Jing

NEW YORK, July 30 (Xinhua) -- Ford Motor Co. on Wednesday released its second-quarter financial results, showing a net loss of 36 million U.S. dollars, attributable to special charges related to a field service action and expenses related to a previously announced cancellation of an electric vehicle program.

In the period, the U.S. automaker's revenue came in at 50.2 billion dollars, up 5 percent year on year. The adjusted earnings before interest and taxes (EBIT) were 2.1 billion dollars, including 800 million dollars in adverse net tariff-related impacts.

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