Ford's China car-making partner veers to Q3 loss


SHANGHAI, Oct 31 (Reuters) - Ford's Chinese partner swung to a third-quarter loss and warned on Monday that full-year earnings could plummet by more than half in 2005 as higher production costs and heightened competition eroded profits. Changan Auto Co. Ltd. , China's fourth-largest vehicle maker, posted a 77.26 million yuan ($9.56 million) net loss from July to September, versus a gain of 245.95 million yuan a year earlier. That followed a 77 percent earnings slide in the second ...

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