Ford will fold Land Rover into luxury unit

Article Abstract:

Ford Motor Co. intends to acquire British Land Rover from BMW in order to turn it into a luxury operation. Land Rover posted losses in 1999, and it may take Ford up to a couple of years to reverse the company's financial standing.

United Kingdom, Financial management, Statistical Data Included, Brief Article, BL PLC. Land Rover

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Ford sees profit in Europe in 2000

Article Abstract:

Ford Motor Co. posted an increase of 5.1% in its net income for the 2000 first-quarter. The company posted $2.08 billion (2.17 billion euros) in quarterly earnings. Ford is also expecting to post profits for the 2000 year in Europe.

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Renault's first-half profits fall, while PSA's earnings shine

Article Abstract:

PSA Peugeot-Cotroen S.A. and Renault S.A. announced first-half earnings Thursday. PSA's net profit increased 36%, while Renault's earnings fell. PSA's operating profit and sales also increased more than 20%.

France, Regie Nationale des Usines Renault, PSA Peugeot-Cotroen S.A.

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