Ford Motor Co
Ford Chief Financial Officer Lewis Booth told an analyst conference in Detroit that the company was affected by the floods in Thailand that for weeks closed a Ford-Mazda Motor Co joint-venture plant.
Booth made his comments to auto industry analysts at a conference on the sidelines of the Detroit auto show.
Ford Chief Executive Alan Mulally, speaking at the same conference, affirmed that Ford will show a better pretax operating profit in 2011 than it did in 2010.
Ford is in a joint venture in Thailand for its auto assembly plant with Mazda Motor Co <7261.T>. That plant was shut for several weeks due to the floods.
Previously, Ford had said it would show a profit in its three global regions: Asia-Pacific, North and South America, and Europe.
Ford shares were down 4 cents at $11.76 in early afternoon on the New York Stock Exchange.
(Reporting by Bernie Woodall, editing by Matthew Lewis)