Ford consolidates safety system suppliers

Moving quickly on its plans to cut in half its list of suppliers, Ford has decided to award all its safety system contracts to only two suppliers, TRW and Autoliv.  TRW and Autoliv already had 75 percent of Ford's safety system contracts, and will now split the $500 million in contracts previously held by other suppliers.
Autonews reports sources at Sweden's Autoliv as saying that Ford will expect a more favorable cost structure in return for the larger volumes.