USA: Ford lowers full year profit forecast

Author: just-auto.com editorial team | 11 April 2005

Ford on Friday reportedly lowered its full-year profit forecast, citing high petrol prices and aggressive discounts by competitors, and said it doesn't expect to reach its goal of hitting $US7 billion in total pre-tax profit by 2006.

just-auto articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.


Join just-auto now and save 42%

If you’re already a member, login here

Not what you were looking for?

Search just-auto:

More articles related to this one

CHINA: Changan, Ford and Mazda ink deal for new engine plant joint venture
Changan Automotive Group, Ford Motor Company, and Mazda Motor Corporation have signed a joint venture contract for a new engine plant in the Jiangning Economic and Technological Development Zone (NJDZ) at Nanjing, in the Jiangsu Province of eastern China.

UK: Wall Street speculates on General Motors bankruptcy
The speculation on Wall Street last week was how long it would be before General Motors declared bankruptcy.

CHINA: General Motors Q1 sales inch up
General Motors on Tuesday reportedly said it sold 132,401 vehicles to dealerships in China in the first quarter, up 1.3% from the same period last year.

Welcome to the home of automotive information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page