Ford's 2Q Earnings DOWN 19%...
Associated Press :
Ford Motor Co.'s profits fell 19 percent in the second quarter, hurt by lower production and harsh competition in North America, where it lost more than $900 million. And the company's overall automotive outlook isn't much rosier for the rest of the year.
The nation's second-largest automaker said Tuesday it earned $946 million, or 47 cents a share, in the April-June period versus a profit of $1.2 billion, or 57 cents a share, a year earlier.
First Posted: 07-19-05 05:14 PM | Updated: 03-28-08 02:43 AM