Friday, April 27, 2007

Ford Sharply Reduces Quarterly Loss
Results Better than Expected
Ford lost $1.4 billion in the first quarter last year. This year, the company only lost $282 million. Ford Europe was profitable. Ditto Ford Latin America. Ditto Premier Automotive Group. Ford Motor Credit made money, and so did Mazda. Where were the losses? Ford North America. Source: Autoblog.com
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