Automotive Industry
Industry: Email Alert RSS FeedFord to report PAG results.(News)(Brief Article)
Automotive News Europe, April, 2003
Byline: James Crate
Ford Motor Co. will break out earnings of its Premier Automotive Group of luxury brands and its Asia-Pacific operations in response to investors' call for more transparency in its financial reporting.
The decision, effective with first-quarter results due April 16, exposes what is suspected to be one of the automaker's most troubled units to investor scrutiny for the first time.
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Results for PAG, consisting of Jaguar, Volvo, Land Rover and Aston Martin, have been buried in results for Ford's European operations since the group was created in early 1999. ...
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