UPDATE 1-Ford sees weaker profit in 2005

Newswire

(Adds details throughout) DETROIT, Jan 24 (Reuters) - Ford Motor Co. on Tuesday said earnings will fall this year due to a drop in profit from its finance unit, which it expects to be hit by rising interest rates. But the second-largest U.S. automaker said it was still on track to meet its goal of posting $7 billion in annual pretax profit by 2006. Ford forecast a 2005 profit of between $1.75 and $1.95 per share excluding special items, or pretax profit of $5 billion to $5.7 billion. ...

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