Ford to report PAG results.(News)(Brief Article)
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.
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. ...