Ford restarts with coronavirus safety measures after $2 billion 1Q loss

The automaker will use the lessons it learned from reopening in China

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.

Continue Reading Below

Ford, General Motors and Fiat Chrysler partially resumed U.S. production Monday with safety procedures designed o prevent the  spread of the new coronavirus.

TickerSecurityLastChangeChange %
FFORD MOTOR COMPANY6.64-0.14-2.06%
GMGENERAL MOTORS COMPANY29.34-0.10-0.34%
FCAFIRST TR EXCH TRADED ALPHADEX FD II CHINA ALPHADEX FD26.47-0.22-0.83%

"Ford started resuming production and operations in the United States today," the company said in a statement on Monday. "The company has implemented robust safety and care measures globally to help support a safe and healthy environment for the company’s workforce, including health assessment measures, personal protective equipment and facility modifications to increase social distancing."

SEE PICS: 

Ford will use the lessons it learned from reopening its factories and offices in China when it reopens U.S. plants during the coronavirus pandemic, the automaker has said. Ford began reopening Chinese factories in February.

FORD LOOKS TO CHINA FACTORIES FOR LESSONS AHEAD OF US REOPENINGS

The company expects big losses in the second quarter after posting a $2 billion loss in the first quarter because of the pandemic.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Ford, General Motors and Fiat Chrysler shut down U.S. operations in March, although some facilities pivoted to making personal protective equipment and ventilators. Ford said it had shipped one million face shields to protect health care workers by early April, while GM is making 30,000 ventilators for the Strategic National Stockpile by the end of August after President Trump invoked the Defense Production Act.

CLICK HERE TO READ MORE ON FOX BUSINESS