Ford Motor Company's recent $123 million second quarter loss may have the company scrambling to cut costs and otherwise speed up the Way Forward plan, but the company's suppliers shouldn't be too concerned. The company maintains that its efforts to streamline its supplier base will stay on track, which have already seen its supplier base of 2000 cut in half. Ford has already identified 36 preferred suppliers identified as supplying crucial parts to its manufacturing operations and signed multi-billion dollar long term contracts with some of them.

[Source: Detroit Free Press]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X