Ford Motor Co. posted a third-quarter loss of $380 million. This is up big time from its $5.2 billion loss a year earlier.

The latest results beat Wall Street expectations, and its shares rose almost 5 percent in premarket trading.

But it was a worse performance than the $750 million profit Ford reported for its second quarter, its first profitable quarter in two years.

The overall net loss amounted to 19 cents per share for the July-September period in contrast to a loss of $2.79 per share in the third quarter of last year.

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