Automotive Industry

Jaguar, Land Rover and Aston Martin lose big in the 1st half.(News)

Automotive News Europe, August, 2004 by Rechtin, Mark

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Byline: Mark Rechtin

Ford Motor Co.'s British luxury brands Jaguar, Land Rover and Aston Martin lost more than $800 million (about [euro]654 million) combined during the first half of 2004, according to an analysis of financial documents.

Ford was counting on $500 million to $600 million in profits from its Premier Automotive Group luxury division this year. But only Volvo Car Corp. among the four PAG brands is making money.

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Ford doesn't break out results for individual brands. But Volvo sources confirm reports that the Swedish carmaker earned $488 million in first-half ...

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Automotive Industry

Jaguar, Land Rover and Aston Martin lose big in the 1st half.(News)

Automotive News Europe, August, 2004 by Rechtin, Mark

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