Ford of Europe Profitable, PAG Improving

Ford of Europe is on track to post a profit, but the Premier Automotive Group’s performance is “disappointing,” the auto maker’s top European executive says at the JPMorgan Paris Auto Show Investor Conference 2006 in Paris.

“Ford of Europe continued to improve profitability in the first half, whereas PAG was around breakeven, with losses in the second quarter almost equal to profits in the first quarter,” says Lewis Booth, executive vice president-Ford of Europe and PAG. ...

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