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

Ford's warranty costs for the first 9 months of 2022 were $2B higher than GM's

Quality is once again Job One at Ford Motor Co. Taking a folio from the automaker's ad slogan of the 1980s and '90s, Ford's new principal executive, Jim Farley, is aiming to rein in ascension warranty repair costs that are a key reason why the Dearborn, Michigan, automaker'due south financial performance in North America has lagged that of its archrival, General Motors Co. As role of its new effort to cut warranty costs, Ford has told suppliers it will charge them upfront for half the cost of a warranty probl

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Source: https://www.autoblog.com/auto-repair/

Posted by: meighanlestere.blogspot.com

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