AUTOSHOW-Ford sees Jaguar 2002 operating loss of $500 mln

Newswire

PARIS, Sept 27 (Reuters) - Ford Motor Co president and chief operating officer Nick Scheele said on Friday that the automaker's Jaguar luxury car unit would post a full-year 2002 operating loss of about $500 million. Scheele told Reuters at the Paris auto show that the loss, most of it to come in the fourth quarter, was partly due to a delay in the launch of Jaguar's new flagship XJ model, to ensure that there would be no quality glitches with the aluminium bodied car. Between 10,000 to ...

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