|
|
|
|
|
|
Welcome to the Australian Ford Forums forum. You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated. |
|
|||||||
| The Pub For General Automotive Related Talk |
 |
|
|
Thread Tools | Display Modes |
|
|
21-11-2008, 08:24 AM
|
#1 | ||
|
Banned
Join Date: Feb 2008
Posts: 363
|
COLOGNE, Germany -- Ford of Europe will remain profitable next year despite the "unprecedented" economic downturn, its boss said.
The division's third quarter pretax profits fell to $69 million from $293 million a year ago, while new-car sales are down 2.4 percent in the first ten months of the year to 1,548,000 units. Ford Motor's chief financial officer Lewis Booth said given "current assumptions" Ford of Europe would be profitable next year. John Fleming, CEO of Ford of Europe said: "I think the guidance Lewis said, and I support, is our plan to be profitable next year." Fleming said this was assuming an overall European car market of 15 million cars, and 2.5 million in Russia and 600,000 in Turkey. http://www.autospies.com/news/Ford-o...says-CEO-37716 |
||
|
|
|
| Thread Tools | |
| Display Modes | |
|
|
Ford of Europe to remain profitable in 2009, says CEO
Hybrid Mode