Ford 3Q figures better than expected

Ford’s third quarter figures exceeded analysts’ forecasts, although they were still in the red. The company made a net loss of $25 million, compared with a loss for 3Q 2002 of $326 million. Turnover was down to $36.

9 billion, from $39.3 billion a year ago. Automotive sales in North America lost $116 million and worldwide, the automotive loss was $609 million.