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

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

Quality is once again Task One at Ford Motor Co. Taking a page from the automaker's ad 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 key reason why the Dearborn, Michigan, automaker's financial performance in North America has lagged that of its archrival, General Motors Co. As part of its new endeavour to cut warranty costs, Ford has told suppliers it will charge them upfront for one-half the cost of a warranty probl

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

Posted by: janssonsoublartand1963.blogspot.com

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