Ford Credit's Net Income $1.8 Billion in 2003
DEARBORN, Mich. -- Ford Motor Co. reported record net income of $1.8 billion in 2003, up $583 million from earnings of $1.2 billion a year earlier.
On a pre-tax basis from continuing operations, In the fourth quarter of 2003, Ford Credit's net income was $470 million, up $116 million from $354 million in the same period a year earlier. On a pre-tax basis from continuing operations, Ford Credit earned $839 million in the fourth quarter of 2003, compared with $594 million in 2002.
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