AUTOSHOW-UPDATE 1-Ford Europe raises 2003 profit target slightly

Newswire

(Adds details, background, comments from Ford's Scheele) By Tom Brown PARIS, Sept 26 (Reuters) - Ford Motor Co's European operations confirmed a slight improvement in its 2003 profit target on Thursday as the group's cost reductions continues to pay dividends. Ford Europe chief operating officer Martin Leach said the unit planned to post a significant profit improvement for this year and next year. "We are certainly keeping our profit target intact and have in fact raised it ...

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