Ford sees 2007 profit gains in Europe

Newswire

FRANKFURT, Jan 26 (Reuters) - Ford Motor Co forecast on Thursday it would boost profits at its resurgent European arm in 2007 and halt losses at its Premier Automotive Group (PAG) stable of European premium brands. "We expect PAG to be profitable this year and we also should see continuing improvement in results from South America, Europe and Mazda," finance chief Don Leclair told a conference call after the number-two U.S. carmaker posted a record 2006 loss. Ford of Europe posted a 2006 ...

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