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Ford Earnings Call, Third Quarter 2008 |
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Author: Maclintosh Kuhlengisa
123jump.com
Last Update: 5:04 AM ET November 10 2008
The automotive firm had sales of $32.1 billion, down 22% and a 66% improvement in the loss to $129 million. Sales decline was driven by lower volume, the sale of Jaguar Land Rover, unfavorable product mix, and lower net pricing, partly offset by favorable changes in the currency exchange rates. |
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