The company closed its Dearborn truck plant for five weeks during the quarter, contributing to $700 million in negative cash flow. Sales were up in Asia, but investment in new plants and products there caused pretax profits to drop 62 percent to $44 million. Last month, the company dropped its full-year pretax profit forecast to $6 billion, citing falling sales in South America and a $500 million charge for recalling 850,000 vehicles with defective air bags.

Topics:  dearborn   sales   asia   south america   profit   quarter   truck   million   company   pretax   
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