Ford of Europe expected to remain profitable through 2009



While many carmakers are struggling to stay afloat during the current economic crisis, Ford's regional operations in Europe have remained profitable and are forecast to stay that way through next year as well. Ford of Europe's pretax profit for the third quarter was $69 million, however this is still down from $293 million during the same period last year. Ford's European chief financial officer, Lewis Booth, predicted that the division would also be profitable in 2009, based on "current assumptions".

2009 Ford Ka



 

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