The company also announced that it will bring six European small car models to North America by the end of 2012 as it deals with a market shift from trucks to cars brought on by high gasoline prices. The company also will retool two more U.S. truck and sport utility vehicle plants to build small, fuel efficient vehicles.

The second-quarter loss was US$3.88 per share, compared with net profit of US$750 million, or 31 cents per share, in the same quarter a year ago.

The loss includes US$8 billion worth of write-offs because of a decline in value of North American assets and Ford Motor Credit Co.’s lease portfolio.

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