Ford narrows loss, sees deal for Jaguar,Land Rover

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DETROIT, Nov 8 (Reuters) Ford Motor Co posted a sharply narrower third-quarter loss on Thursday after cutting costs and boosting margins on vehicle sales.

The automaker also said it expects to conclude a deal to sell its British luxury brands Jaguar and Land Rover early next year.

Ford posted a third-quarter net loss of 0 million, or 19 cents per share, compared with a loss of .2 billion, or DETROIT, Nov 8 (Reuters) Ford Motor Co posted a sharply narrower third-quarter loss on Thursday after cutting costs and boosting margins on vehicle sales.

The automaker also said it expects to conclude a deal to sell its British luxury brands Jaguar and Land Rover early next year.

Ford posted a third-quarter net loss of $380 million, or 19 cents per share, compared with a loss of $5.2 billion, or $2.79 a share, a year earlier.

Ford's loss from continuing operations, excluding one-time items, was 1 cent per share. On that basis, the average Wall Street forecast was a loss of 48 cents per share, according to Reuters Estimates.

Ford said it cut 6,800 jobs in North America during the quarter.

REUTERS BJR RN1750 .79 a share, a year earlier.

Ford's loss from continuing operations, excluding one-time items, was 1 cent per share. On that basis, the average Wall Street forecast was a loss of 48 cents per share, according to Reuters Estimates.

Ford said it cut 6,800 jobs in North America during the quarter.

REUTERS BJR RN1750

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