
The Blue Oval intends on slashing $25.5 billion in costs over the next five years and the elimination of unnecessary platforms will go a long way to achieve this. Once upon a time, Ford had 30 global architectures, but under former chief executive Alan Mulally, that figure was reduced to the nine currently in use.
During a presentation at the 2018 J.P. Morgan Auto Conference, Ford’s head of product development and purchasing, Hau Thai-Tang, said that the cost-cutting measures extend upon Mulally’s One Ford plan which helped save the company from bankruptcy.
According to Thai-Tang, moving to just five global platforms will boost the efficiency of Ford’s supply base, revealing that up to 70 per cent of a vehicle’s value can be managed through a modular approach, Automotive News reports.
Ford’s five platforms moving forward will be the following: a rear-wheel drive/all-wheel drive body-on-frame platform, a front-wheel drive/AWD unibody, a commercial van unibody, a RWD/AWD unibody, and a unibody platform for all of Ford’s battery-electric vehicles.
The automaker will also look to save roughly $7 billion in engineering and product-development costs. It will also reduce the amount of time it takes to bring a vehicle from paper to the showroom by a considerable 20 per cent.
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