USA: Ford returns to profit in Q2, but Q3 could slide into loss
Ford Motor Company has today reported a net profit of $570 million, or 29 cents per share, in the second quarter of 2002. The profit breaks a run of four consecutive quarterly losses. However, any euphoria over figures in the black was decidedly limited, with analysts noting that a loss in the third quarter is likely as production turns down and the costs of marketing rise.
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