Ford Europe says can't pass on higher steel costs

Newswire

LONDON, Sept 23 (Reuters) - The head of Ford Motor Co's European operations sees no opportunities to pass on the cost of higher steel prices to consumers and the carmaker will have to offset them with cost cuts. "The pressure on some commodities, particularly steel, is of concern to us both in terms of price and in one or two areas, availability," Lewis Booth, president and chief executive of Ford Europe, told CNBC television at the Paris auto show on Thursday. "Obviously we'll work to ...

Premium Content (PAID Subscription Required)

"Ford Europe says can't pass on higher steel costs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 10, 2014
blog

Barra Driving Change at GM

Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More
Jul 1, 2014
blog

June 2014 U.S. Sales Thread (FINAL): Luxury Vehicles, Large Trucks Boost SAAR to 95-Month High

U.S. automakers dramatically outpaced expectations in June, raising the SAAR to its highest level since July 2006....More
Jul 1, 2014
blog

GM Blues, Sergio Walks the Line, 97-Month Loans

Where do you begin with the telling of these crazy stories?...More

Sponsored Introduction Continue on to (or wait seconds) ×