CANBERRA – Ford Motor Co. of Australia Ltd. sees its first profits in three years of A$20.6 million ($14 million) after tax, as calendar 2002 revenues rose 12.5% to A$3.26 billion ($2.2 billion), passing the A$3 billion ($2 billion) mark for the first time since 1998. The Australian subsidiary reportedly lost A$5.5 million ($3.7 million) in 2001 and A$16 million ($11 million) in 2000. Last year’s profits were driven by sales of the BA Falcon, launched in the last quarter, and a steadily ...
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