Even as Ford Motor Co. strikes a deal with the United Auto Workers to hone costs, analysts claim the corporate savings are less than needed and the auto maker's financial future is dire. The bargaining saves less for Ford than projected by UAW President Ron Gettelfinger, analyst Peter Nesvold says in a report for Bear Stearns. “Ford projects the savings will be around $650 million annually, “24% less than the $850 million that had been attributed to (Gettelfinger) on Dec. 14,” Nesvold's ...
Premium Content (PAID Subscription Required)
"Ford Savings in UAW Deal Leaves Analysts Unimpressed" 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
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642