Modern Camaro Forums banner

1 - 2 of 2 Posts

·
Registered
Joined
·
1,032 Posts
Discussion Starter #1
Ford cuts North American production, scales back profit goal

DETROIT -- Ford Motor Co. no longer expects to return to profitability by 2009 and is cutting North American production for the rest of this year as high gas prices and the weak economy continue to hurt sales, the company announced Thursday.

More...
 

·
Registered
Joined
·
1,032 Posts
Discussion Starter #2
Ford Motor Co. said on Thursday that it will cut North American production, and it retreated from earlier profit forecasts, saying it now expects only "to be about break-even" before taxes in 2009.

More...
 
1 - 2 of 2 Posts
Top