Pre-tax special charges of US$8bn, including impairments of $5.3bn for Ford North America long-term assets and $2.1bn for Ford Motor Credit Company's operating leases plunged the automaker to an $8.7bn, or $3.88 a share net loss for the second quarter of 2008 compare with net profit of $750m (31 cents a share) in Q2 2007.