Ford 2008 Annual Report Download - page 42

Download and view the complete annual report

Please find page 42 of the 2008 Ford annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

Management’s Discussion and Analysis of Financial Condition and Results of Operations
40 Ford Motor Company | 2008 Annual Report
7+*2!627'7! 7-77-!$!77 7-77. 7-737.7$! 717!!7-(-87
7!7 7-(-77(9--. .-!. !77$7-7.73-,7.7!!7-(-877! 7,!--7 7.(7
7! 7 7--7.! !.-7-77. 7 7 . 7$! ;7
7
70*+*2!+622'7 7.2 7. 77,-.-7!(.3-7.7-,7 .7!!7-(-877!7
7.7!!!. 7.-7.$- 877! 7,!--737$.3-7 73 .!7.! !.-7$!7.7.71! !7
$!7,$-73!7 7.2 !;2
2
2
7+*20+!622'7! 7-77-!$!7!77! R7 -!77 .!-7. 717!!7
-(-877! 7,!--737$.3-7 73 .!7.! !.-7$!727 7$! !. !77 .!-7! .--2 7.-7
 . 7 $7! 7 .!-7,.$7.!-! 7E!;;87.7 9 27! 7.!-! 7$7,!7.,7.73.)737 7
 .!-7 . 5;2
2
7*+2%*%2!!22!677'7! 7-77-!$!77R7. 7$77 7 $ $7
17!!7-(-877!77.!-7 7.7 7$!7.2$ 77.! !.-7. 877!7.7(7.--7
3-,7 .!7-(-877,!--737$.3-7 73 .!7.! !.-7$!7.7.71! !7$!7,$-73!7 7
.2 !;72
2
7,++/*2!22!!22!622'7! 7-77-!$!77R7. 7$77 7
 717!!7-(-877!7.2 7. 77R7,-.-7!(.3-7.7-,7 .7!!7-(-87
7!7.7(7.--73-,7 .!7-(-877,!--737$.3-7 73 .!7.! !.-7$!7.7.71! !7
$!7,$-73!7 7.2 !;2
2
'7 7. 87 7. $7.(7 7-!2! 77! R7.3!-! 7 7$7$! !. !7 7$7! 7. !;7
7
'7.! !7 7 7!!7 .. !9-. 7 $ $.-7. $7!$7.3(877! R7$! !. !7.27
2.737. 737 7--,!7. O772.) 7!$ !7.7(-. !-! 87 72.) 7..! 777! 7.77
! R77!( 2 87 7.-72.77 7 77. 7$ !7 7. 93.)7$! !87 7
.(.!-.3!-! 7722! 7-!$!! 7.!-! !87 7.2$ 7.7! 7$.-! 77. 7.(.!-.3-87 72.77. 7!7
! 7(!$7$! !. !87.$ !7.7$-. 7.87.77! R7! 7. !;77'7.! !87.73.)$ 7
7877! 8777,$-7.$7 .!777! R7$!7 .. !7 7.2 !7.7$- 7!7.7
2!. !77 .!7-!$!! 722! 2 ;77'87.7.7$- 77.77 77 7. 87 7 77$! !. !7
$!7,7 7!.7!!!. -77$!7 $7$! !. !7,77-7.(.!-.3-7 77! 87! 7,$-7
.(7.72. !.-7.(7!2. 777! R7!.!.-7! !7.7$- 77. !87,!7$-7.(-7. 7
! 7.3!-! 7 7$ 7 7.-77$7(!-;777
6
8-,-6!6-16
6
 777! C7$! !. !7.277 7. !7 7$!2 77.$ !7.-7 . 2 7.87
87 7$! !7. 7.7-. 73 7.7!-$7!77! C7!.!.-7 . 2 ;777! 71 7
! 7$ $7$! !. !7 73793.-.7 ;777! 73-!(793.-.7 7..2 7.727
.. 7 7! 7!( ;77"$! !7. 7.7-7.(.!-.3-7 7.7 7-. 7. 93.)73 7.7 7.7 7
$! !. !7!( 7.7 7. !!. ;77&7. 7.7 7.(.!-.3-7 7.77! C7 73-!. !77 7
-.!277! 7 7! 7$ !-7 7.!. 73 77 73-!. !7.7. !!;77&!73 7!7 77! C7-.-7
3-!. !77 7-.-73-!. !77! 7 7$3!!.!;77 7.7.!. 7-!.3!-! !7-. 7 77! R79
3.-.7 7$! !. !7.7.7--,7E!73!--!5O7
7
'HFHPEHU
'HFHPEHU'HFHPEHU
'HFHPEHU








7RWDORXWVWDQGLQJSULQFLSDODPRXQWRIILQDQFHUHFHLYDEOHVDQGQHWLQYHVWPHQWLQRSHUDWLQJ
OHDVHVLQFOXGHGLQRQEDODQFHVKHHWVHFXULWL]DWLRQV    
&DVKEDODQFHVWREHXVHGRQO\WRVXSSRUWWKHRQEDODQFHVKHHWVHFXULWL]DWLRQV    
'HEWSD\DEOHRQO\RXWRIFROOHFWLRQVRQWKHXQGHUO\LQJVHFXULWL]HGDVVHWVDQGUHODWHG
HQKDQFHPHQWV     
6
"7 7@I77 7 7 7 7!.!.-7" . 2 7727!2. !7.!793.-.7 7$! !. !;7
6