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Farley aims to tackle Ford'due south warranty costs in bid to boost profit

Ford's warranty costs for the offset nine months of 2022 were $2B higher than GM'south

Quality is once again Job Ane at Ford Motor Co. Taking a page from the automaker's advertizing slogan of the 1980s and '90s, Ford's new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a central reason why the Dearborn, Michigan, automaker's fiscal functioning in North America has lagged that of its archrival, Full general Motors Co. As part of its new effort to cut warranty costs, Ford has told suppliers it volition charge them upfront for one-half the cost of a warranty probl

Nov xi, 2022 Report

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