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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (70025)9/20/2006 3:41:52 PM
From: regli  Read Replies (1) of 110194
 
"Is Ford making any money overseas?
If not why keep it?"


As a business strategy, you have to make money where you have your best opportunity. Ford is better positioned overseas than in the U.S. However, few people suggest closing Ford's U.S. operations. Rescuing it will not be an easy task. Regional strategies and platform/branding decisions will be major components of that effort.

moneycentral.msn.com
"...Profits from overseas

Despite the struggles domestically, Ford managed to post much-better-than-expected earnings for the fourth quarter thanks to improving results overseas. The company earned 26 cents a share from continuing operations on sales of $47.56 billion. While Ford lost $143 million in North America, its worldwide automotive sector reported a loss of only $12 million for the quarter versus a year-ago loss of $470 million. Ford Motor Credit reported net income during the quarter of $737 million, down about 12.2% from the same period last year.

For all of fiscal 2005, Ford earned $2 billion, or $1.04 a share. Global sales for the auto sector for the full year jumped to $154.5 billion from $147.1 billion. Gains in Europe, Asia and South America helped offset declines in the US market. ..."
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