Ford Motor Co.'s chief financial officer says the automaker will have to “step up” to meet the company's cost cutting goal of $1 billion this year. “We're still pushing for $1 billion (by the end of 2000), which means we need to step up our game plan for the rest of the year,” Henry Wallace tells journalists at last week's briefing on Ford's first-quarter earnings. Mr. Wallace says Ford's cost cutting in the first quarter was flat compared to like-1999 because of a major warranty extension ...
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