FORD: COMEBACK ON SCHEDULE
Ford's annual meeting on Thursday was punctuated by promises that the
company would return to break-even or better in 2002. "We are on track to
meet or exceed our goal of break-even this year,'' Chairman and CEO
William Clay Ford, Jr., told the gathered crowd of analysts and reporters.
Ford lost $5.45 billion last year but is targeting a $7 billion annual
profit by mid-decade.
Ford's annual meeting on Thursday was punctuated by promises that the
company would return to break-even or better in 2002. "We are on track to
meet or exceed our goal of break-even this year,'' Chairman and CEO
William Clay Ford, Jr., told the gathered crowd of analysts and reporters.
Ford lost $5.45 billion last year but is targeting a $7 billion annual
profit by mid-decade.