Monday, August 18, 2008

Ford's Plans for the Future

Public Affairs Update – Friday, August 15 This week, the Center for Automotive Research gathered automotive industry experts to participate in workshops, panels and networking activities as a way to share the latest news and views of the automotive industry. This year's theme, "Transcending Turbulence: A New Beginning" focused on strategies automotive companies are doing to overcome today's economic challenges.
Today, Tony Brown discussed how Ford is working with suppliers through the Aligned Business Framework to develop long-term s ourcing strategies for global programs including the upcoming C-sized vehicles. Brown’s address builds on speeches earlier this week by Mark Fields, Bennie Fowler and Jim Buczkowski on North America small car profitability, quality and connectivity plans.
Below are brief overviews of the news items discussed and further details can be found on the Public Affairs page on FMCdealer.com.
FORD'S GLOBAL PRODUCT PLAN TO DRIVE INCREASED SMALL CAR PROFITS; NEW TEAM TO BOLSTER VEHICLE CONNECTIVITY Ford Motor Company expects the quality, fuel efficiency, smart technologies and shared global nature of its upcoming new Focus small car in North America and other derivatives built off a new global C-car platform to deliver a double-digit percentage profit improvement compared with today's North American Focus.
In addition, Ford is forming a new customer connectivity team to accelerate its leadership in vehicle smart technology solutions that are increasingly important to small car customers, including Ford SYNC, SIRIUS Travel Link and Ford Work Solutions and HD radio.
Mark Fields, announced on Tuesday, the latest details about the company's accelerated transformation and plan to introduce several new fuel-efficient small cars during his speech.
FORD MOTOR COMPANY NAMES SEVEN ADDITIONAL MEMBERS T O KEY SUPPLIER NETWORK Today, Ford Motor Company announced seven new Aligned Business Framework (ABF) suppliers, bringing the total number of companies in the ABF network to 65. Under ABF, Ford and suppliers enter into long-term contracts to strengthen collaboration and drive mutual profitability and technology development.
Aligned Business Framework members added in the last year include: Dürr, Imagination, Jack Morton Worldwide, Linamar, Microsoft, Neapco and Synovate.
Launched in 2005, ABF agreements establish working business models for both Ford and the selected suppliers. The agreements comprehensively and formally spell out business practices designed to increase future collaboration, including phased-in up-front payment of engineering and development costs, extended sourcing and data transparency. As part of the agreement, Ford increases the volume of business with select suppliers. Since launch, Ford has identified 46 production and 19 non-production ABF suppliers