Ford seeks big savings b overhauling supply system

Article Abstract:

Ford Motor Co. of the United States is planning to restructure its supply management by offering long-term and larger contracts to a more select group of suppliers. The automobile company is expecting to save billions of dollars with this management strategy.

Management dynamics, Management, Company business management

---

Ford to cut dividend in half, reduce pay to board

Article Abstract:

As part of its "Way Forward" restructuring plan, Ford Motor Co. will c ut its dividends to five cents in the third quarter, resulting in a savings of $374 million a year. Board member compensation will be halved, for a savings of $1.2 million a year.

Financial management, Organizational history, Finance, Compensation and benefits, Company restructuring/company reorganization, Reorganization and restructuring, Company financing, Company organization

---

Ford searches for a new direction

Article Abstract:

The Ford Motor Co. of the United States is looking to reinvent itself, which includes downsizing, planning cost cuts and lay offs. There is also a shift at the automobile giant to emphasize hybrid vehicles and other clean, green technologies.

Downsizing

Similar abstracts:

• Abstracts: Companies in emerging markets show clout in global deal game. European corporations catch merger mania
• Abstracts: Shell ties woes of Russia Project to lack of data. Shell to raise spending, due partly to inflation. KazMunaiGaz sets price for IPO
• Abstracts: For CEOs, policy forcing retirement at 65 is outdated. CEOs get off the ropes on executive pay. Unleashed activists make NYSE cower
• Abstracts: For U.S. airlines, a shakeout runs into heavy turbulence. World airlines' loss is forecast to narrow to $3 billion this year
• Abstracts: Goldman, Lehman earnings: good comes from the bad. Goldman's earnings surge but shares drop 4%. Goldman's net jumps 84% to record

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.