Suppliers oppose Ford’s new terms

By Bradford Wernle and Edmund Chew, Automotive News Europe

Brussels-Many auto suppliers are refusing to sign a new Ford agreement that they claim is grossly unfair and possibly violates European law.

Ford’s new terms and conditions for suppliers were supposed to go into effect in October, but were delayed until January because so many suppliers refused to sign it.

Lars Holmqvist, who takes over as CEO of the European supplier association CLEPA 1 May, said many suppliers still have not signed the agreement.

Suppliers believe…

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