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Market Chatter: Ford to Appoint New Head of Quality to Address Recalls, Cut Warranty Costs
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Market Chatter: Ford to Appoint New Head of Quality to Address Recalls, Cut Warranty Costs
Dec 18, 2024 11:00 AM

01:37 PM EST, 12/18/2024 (MT Newswires) -- Ford Motor ( F ) is set to appoint a new head of quality to reduce recalls and cut warranty costs, Reuters reported Wednesday.

Control of the quality team will be transferred from Jim Baumbick to a new, yet-to-be-named leader, while Baumbick will focus on overseeing electric vehicle programs, Reuters said.

The shift, announced to certain Ford employees last week, is set to take effect early next year, the report said.

Restructuring will help teams collaborate more effectively to deliver high-quality vehicles and software, a Ford spokesperson said, according to Reuters.

Ford didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 10.04, Change: +0.07, Percent Change: +0.67

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