Rochester, NY 8/7/2009 6:40:07 PM
Ford Motor Co, F - Plans For Product-Line Revamp
FORD MOTOR CO
FORD MOTOR CO, F
http://WhisperFromWallStreet.com offers daily stock alerts to subscribers. Scroll to bottom of page to sign up for our free alerts newsletter.
Ford Motor Co. on Thursday laid out plans to slash structural costs but still replace or refresh up to 90% of its cars by 2012 in a bid to shape a more global and fuel-efficient future. "As we reduce costs, manage cash and increasingly leverage our 'One Ford' global product plan, our critical priority is protecting and enhancing our new vehicle pipeline," CFO Lewis Booth said in a speech in Traverse City, Mich.
The company's "One Ford" plan calls for fewer but higher-volume platforms on which several models can be built, developing more vehicles such as the Fiesta and Focus that take aim at a global market, and using more interchangeable parts among its models. Ford is also looking to cut the age of its product portfolio by 20% within five years.
About WhisperFromWallStreet.com
WhisperfromWallStreet.com is a FREE award winning newsletter that specializes in sending alerts to our subscribers on stocks we think are going to run, why we think so, as well as teaching you how to become a better trader. We scan hundreds of stocks a day to find those that meet our criteria and when we find one, we send you an alert.
Sign up for our FREE alerts newsletter at WhisperfromWallStreet.com
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses.Neither WhisperFromWallStreet, nor any of its affiliates are registered investment advisors or broker dealers.
http://WhisperFromWallStreet.com offers daily stock alerts to subscribers. Scroll to bottom of page to sign up for our free alerts newsletter.
