NEW YORK (Reuters) - Ford Motor Corp stock dropped 5 percent before quickly paring losses on Friday after competitor General Motors Corp posted a quarterly loss and tumbling revenues.
Ford shares were down 2 percent to $1.94, while GM shares slipped 13 percent to $4.18 after falling as much as 16 percent.
(Reporting by Deepa Seetharaman; Editing by James Dalgleish)
BEIJING/STOCKHOLM (Reuters) - China's automakers Geely and BAIC pushed ahead with plans to harness the technology of Ford's and General Motors' ailing Swedish brands Volvo and Saab in a bid to be global industry players.
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