Saturday, Apr 21, 2018
One of America's Great Newspapers ~ Toledo, Ohio


New contract cuts Dana s sales to Ford

Toledo s Dana Corp. said yesterday it will provide fewer frames and components to Ford Motor Co. for pickup trucks under a renegotiated contract.

Dana, previously sole source of assembled frames for Ford s F-150 pickups, will share the work with another supplier, Dana said in a filing with the Securities and Exchange Commission. Dana did not identify the other company.

The new contract will apply to the next generation of F-150 trucks, slated to go on sale in 2008, Dana said in the filing. Ford is Dana s biggest customer, and losing the contract is a setback for the supplier as it works to exit Chapter 11 protection.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…