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Ford
and Navistar to World: We're Back!
By: Mike Levine Posted:
03-08-07 22:46 PT
© 2007 PickupTruck.com
Page: [1]
According
to spokespersons at both companies, Ford Motor Company and Navistar International
have decided upon mutually agreeable terms that will (at least in the
short term) return production of 6.4-liter Powerstroke diesels back to
full capacity by Monday, March 12. Navistar had halted
production and engine shipments back on February 26.
This is good
news for both companies, especially Ford, which is still in the first
100 days of sales for its new 2008 Super Duty. Ford is depending upon
a successful launch of its HD truck to bring in badly needed cash and
to help maintain its pole position as the top selling full size pickup.
A Michigan
state judge intervened
last week to force Navistar to continue shipments to Ford until both parties
could settle the dispute over warranty claims and increased engine prices.
Page: [1]
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