Ford Motor Co.’s Design Cost Sharing Program shows the auto maker is “heading in the right direction,” says Neil DeKoker, managing director of the Original Equipment Suppliers Assn. In a private Webcast for its suppliers, Ford unveils the program it considers a major cost-reduction component of the revitalization plan it rolled out last week. Combined with other material cost-reduction efforts, it is expected to save the embattled auto maker $3 billion by mid-decade. The program: ...
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