#1 automaker

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Jun 27, 2004 | 02:59 PM

RedV

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Joined: Dec 1999

Posts: 27

From: Eustis, FL

#1 automaker

I know this is a bit off topic, but I figured some of you guys would know best.

Can anyone point me to a link that shows the ranking of the top automakers and maybe one to Ford's financial situation as of last year to now? I'm writing a paper and need some info. Thanks guys.

Alex

Jun 27, 2004 | 04:51 PM

guionM

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Joined: Mar 2001

Posts: 13,713

From: The Golden State

Quote:

Full-year net income of $495 million, or 27 cents per share...

...Ford's North America operations posted a full-year 2003 pre-tax profit of $1.8 billion, compared with $2.5 billion last year. The decline was primarily due to the absence of an increase in dealer stocks in 2002, unfavorable net pricing, lower market share and unfavorable exchange rates, partially offset by cost savings and favorable mix. Full-year revenue totaled $83.6 billion, down from $87.1 billion a year ago.

http://media.ford.com/article_displa...&make_id=trust

Quote:

Ford Motor Credit Company reported net income of $688 million in the first quarter of 2004, up $246 million from earnings of $442 million a year earlier. On a pre-tax basis from continuing operations, Ford Credit earned $1.1 billion in the first quarter, compared with $727 million in the previous year.

http://media.ford.com/newsroom/relea...?release=18063

Quote:

Ford Motor Company reported their net income more than doubled for the first quarter of 2004 compared to first quarter earnings in 2003. Ford's net income was 94 cents per share, or $1,952 million, for the first quarter of 2004..

http://media.ford.com/newsroom/relea...?release=18139

Last edited by guionM; Jun 27, 2004 at 05:00 PM.