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Business Description
Ford Motor Company is a producer of cars and trucks. The Company and its subsidiaries also engage in other businesses, including financing and renting vehicles and equipment. Ford's business is divided into two business sectors: the Automotive sector and the Financial Services sector. The Company manages these sectors as three primary operating segments: The Automotive segment designs, manufactures, sells and services cars and trucks; Ford Motor Credit Company provides vehicle-related financing and leasing, and The Hertz Corporation is involved in the business of renting and leasing of cars and trucks and renting industrial and construction equipment, as well as other activities.

Financial Information
Ford Motor Company manufactures, assembles and sells cars, trucks and related parts and accessories. Ford Financial Services provides financing, insurance and vehicle and equipment leasing. For the six months ended 6/30/02, total revenues decreased 3% to $82.19 billion. Net income applicable to Common and acct. change rose 57% to $471 million. Results reflect lower vehicle unit sales volume, offset by lower operating expenses.