PagFinancials


Ford's Premier Auto Group expected to turn a profit in 2007

In the surprise of surprises, Ford CFO Don LeClair has come out to say that Ford's PAG luxury group will be PROFITABLE in 2007. PAG, which lost $327 Million in 2006 and $1.15 Billion over the past three years, has been consistantly weighed down by Jaguar (though many other brands in the group have also operated in the red, as well), which has averaged somewhere between $500 Million and $1 Billion in losses per year since 2001. Another bummer for PAG has been the high value of the Euro and Pound against the Dollar. It hasn't affected BMW or ... Read more →

No Content Style Defined.





Autoblog Podcast #155: 'Twas the night before LA...

Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.

 
 

Featured Galleries

  • Spy Shots: Baby Buick caught in Germany
  • 2011 Aston Martin Rapide
  • LA 2009: Allard J2X MkII
  • LA 2009: 2010 Spyker C8 Aileron Spyder
  • Cornell's SAE Baja buggy tour and test drive
  • 2010 Range Rover Sport Autobiography
  • 2010 Hyundai Tucson
  • LA 2009: 2010 Subaru Impreza WRX STI Special Edition
  • LA 2009: 2011 Ford Mustang V6
  • LA 2009: 2010 Porsche Boxster Spyder
  • LA 2009: Scion xB Release Series 7.0
  • LA 2009: 2011 Ford Fiesta
AOL Autos

Find Your Next Car

Resources

10 Most Searched Cars on AOL Autos

Autoblog Video

Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum