Ford 2008 Annual Report Download - page 56
Download and view the complete annual report
Please find page 56 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.Management’s Discussion and Analysis of Financial Condition and Results of Operations
54 Ford Motor Company | 2008 Annual Report
7237D@87B>>K7.7237D@87B>>J87$7 77 .17. 87 77 7(.-$. !7.--,.77
=@J;K73!--!7.7=K;I73!--!7 !(-87,7=@;@73!--!7.7=FII72!--!87 !(-;77&7 77 .17. 7
-. 7 7. !7$ !7 72!.7,7,73-!(7! 7,.727-!)-7 .7 7 . 7 7 77 .17
. 7,$-737.-!7 $7$ $7 .1.3-7.!;77!-877(.-$. !7.--,.7.737 .3-!77
$72.!!7 77 .17. ;77 7 .3-87. 7237D@87B>>K7.7237D@87B>>J87,7 !$7 7
!7.7 77 .17. 77=@;F73!--!7.7=@;G73!--!87 !(-87!7$7*;0;7$ 2 !(7. !87!2.!-7
3.7$7 7 .17 $7-!. !77$7$ 2 !(7. !7,! 7$7*;0;77. !;77$7*;0;77
. !7.7.7-7! 77! .3!-! 7.7,73-!(7! 7,!--7(!7.7$77$ $7 .1.3-7!27 . 7.737
..3-7 !2. ;77'87!7 7$ $87,7.7 7.3-7 7-!. 77! 7!7 7*! 70!287.! !.-7
(.-$. !7.--,.72.737$!;7747,!--7 !$7 7.7 777.7(.-$. !7.--,.7!7 7$ $;7
6
#1#,-6 - 66. ,6!#2$66- 6-6
6
$2$-. 7!. !77(!-7$3% 7 7. !7-.7$7 7(.-$77 7-.7(!-7!7$7
. !7-.7 -!727 !7!!.-7.$!! !7(.-$7 7 !71 7!$.-7(.-$7. 7 777 7-.7 2;77
&7(!-7!2.!-7! 77 .!-7-.7 . 777! 7.7(!-7-7 7.!-7 .-7.72.!7
$3% 7 7.7$.. 7$.7 !7E: .-7$.7(!-:577 7$ 2 !(7 ;7
7
472! 7!$.-7(.-$7.72 87.7,7(!,7 7.$.77$7.$2$-. 7!. !77.7$. -7
3.!;77'7,73-!(7 . 7 71 7!$.-7(.-$77$7(!-7.(7.87,7(!7!. !7 7$7 . 7
$7 7!( 2 7!7. !7-.7E$.-7 7$7.$!! !7(.-$77 7(!-7-7.$2$-. 7!. !57,!--737
.%$ 7 7- 7$7(!7 !2. 77 71 7!$.-7(.-$7. 7 777 7-.7 2;77"$7.%$ 2 7 7
!. !717,$-7$- 7!7.7.7!7 7!. !7. 77 7(!-7$3% 7 7. !7-.87.7.7
7 !(-77.7 .! 9-!73.!;7
7
7 .!-7-.87.7-.7$ 27.7 7 !7 73$7 7-.7(!-7. 7 777 7-.77 7 $7 7
(!-7 7 7.-;77'7 7$ 27 $7 7(!-7 7 7.-87 7.-72.73$7 7(!-7277! 77
$7! 7 77! ;777! R7 72!.7. !7-.7. !(! 7,.7.7--,77.77 7-. 7 7.7
E!7 $.871 7 .5O77
7
9HKLFOHUHWXUQYROXPH
5HWXUQUDWH
7
7 .-7$.7(!-87. !.--7.--7(!-7.(737 $7 7$;7
7
+!22.+2!627.7. !7-.7!7$7 -!7 7.7(!-7,7,7 . 7.737-.7
7.7$ 2;77 7 7 !27,7$.7.7-.87,7 .3-!7.71 7!$.-7(.-$77 7(!-;7747 !2. 7 7
1 7!$.-7(.-$737(.-$. !7 7.$ !7(.-$87! !.-7 $7(-$277$7-.7(!-87!$ 9
,!7$7(!-7!87$72.) !7! !(7-.7.7(!-7$.-! 7. .;7
7
!.2'6227 .!-7-.87$7.$2$-. 7!. !77(!-7$3% 7 7. !7-.7!73.77
$7.$2 !7O7
7
S7 !2%+*!6777! R7% !77 72.) 7(.-$77 7(!-7,7,7--7 27. 7 777 7-.P7
.7
7
S7 !2%*!.6777! R7% !77 7$2377(!-7 . 7,!--737 $7 7$7. 7-.7;7
7
"7 7G77 7 7 7 7!.!.-7" . 2 7727!2. !7.!7.$2$-. 7!. !77
(!-7$3% 7 7. !7-.;7
7
%2+*6227 $7(!-87,7.7.7!)7 . 7 7.2$ 7,73 .!727 7(!-7-7. 7.$ !7,!--7
37-7 .7$7 !2. 77 71 7!$.-7(.-$77 7(!-;77 7237D@87B>>K87!7$ $7.$ !7(.-$77
7! R71! !7 -!77. !7-.7787!-7.7$73.7(!-7!7 7*! 7" . 7,7
7.7377 727! 7 7 !2. 87 7 7,$-737 7!.7 7!. !77 7(!-7
37.3$ 7=I>72!--!;77"!2!-.-87!7 $7(-$2777! R71! !7 -!77. !7-.7787!-7
.7$73.7(!-7!7 7*! 7" . 7,7 7!.7377 .7! 727! 7 7 !2. 87 7