Late News.

Automotive News Europe,  April, 2003  by Ciferri, Luca; Treece, James; Wernle, Bradford

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PAG performance

Ford Motor Co. stockholders got their first look at the performance of Premier Automotive Group in the first-quarter financial results.

Premier - which includes Aston Martin, Jaguar, Land Rover and Volvo - reported a pre-tax loss of $88 million ([euro]80.65 million) for the three months on revenues of $5.4 billion. That compares with a loss of $70 million on revenues of $4.9 billion for the same period a year ago. Ford attributed the loss to lower net pricing and the delayed ramp up of the new Jaguar XJ.

Ford of Europe reported a pre-tax loss of $249 million ...

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