A record performance at its burgeoning credit arms leads Ford Motor Co. to a second-quarter net income of $1.2 billion, or $0.57 per share, comparing favorably against its $417 million, or $0.22-per-share performance in like-2003. The after-tax earnings come on $43 billion in revenue, bettering second-quarter revenue in 2003 by $2.2 billion. Ford is going to restructure its Jaguar business. As was the case in the first quarter of 2004, Ford’s performance over the period outperforms ...
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