Ford’s troubled North American automotive operations will be back in the black in 2009 according to CFO Don Leclair.

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Automotive News reported that Leclair wouldn’t specify the amount of profit expected in the North American business in 2009 when speaking in a Ford conference call late last week.


One analyst questioning Leclair on the call described the bar representing 2009 results as just a “thin sliver of profits.”


Ford’s North American business reported a loss of US$3.3bn before taxes and special charges through the first nine months of 2006.


Leclair stressed that Ford’s North American profit recovery is work in progress.

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“We’re trying to reflect our views of the uncertainties in the marketplace, so we’re not going to be committing to a large profit level now,” Leclair said of the 2009 projection.


Leclair was speaking on a conference call to explain restated financial statements filed by Ford last week.