Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on May 22, 2008, 04:41:49 PM

Title: Ford abandons 2009 profitability goal (Reuters)
Post by: riky on May 22, 2008, 04:41:49 PM
Ford abandons 2009 profitability goal
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080522/2008_05_22t091706_450x300_us_ford_outlook.jpg?x=130&y=86&q=85&sig=ntIHcaNG2GbtGA0IYaYT8A--" align="left" height="86" width="130" alt="The 2008 Ford Mustang V-6 is shown at the 2008 New York International Auto Show March 19, 2008. (Keith Bedford/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080522/bs_nm/ford_outlook_dc)Reuters - Ford Motor Co  said on Thursday it
no longer expects to meet a long-held goal of returning to
profitability in 2009 and would cut production through the
remainder of this year to adjust to a slumping U.S. market.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080522/bs_nm/ford_outlook_dc