These Simple Changes Will Help Ford Save Tons Of Money CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News These Simple Changes Will Help Ford Save Tons Of Money

These Simple Changes Will Help Ford Save Tons Of Money

Nov. 19, 2018 3:05 PM ET by Jared Rosenholtz Industry News / 7 Comments But it will mean less choice for the consumer. Ford is currently in the process of simplifying its model lineup, beginning with a tunnel vision focus on trucks and SUVs. The shift is already paying off, as the company's SUVs and trucks have far outsold its passenger cars. As Ford continues to find ways to maximize profits, it will continue to revise its lineup. Cutting out all passenger cars except for the Mustang was a good start, though the company's next move will have to be more subtle. If an automaker can cut even a few dollars from the cost of building a car, it can save millions across a model production. According to Automotive News, Ford is currently in the process of simplifying several of its models in order to maximize profits. Ford Ford The Ford Explorer's mirrors are a great example of this cost-cutting. For the 2020 model year, Ford has reduced the number of different mirror options on the Explorer from 139 to 25. Ford has done this by making blind-spot monitoring standard on every model and only using black mirror caps instead of matching them to the exterior color. This little change alone is enough to make a big difference for Ford's profits. Ford made a similar commitment to simplify its model lineup back in 2009, though the company quickly regressed when it launched a record 23 new or updated vehicles in 2014, including a new Mustang and F-150. Ford Ford Other changes as part of this simplification plan include cutting the orderable configurations of the Fusion from 2,000 down to just 30. This change alone has lowered the delivery time of the Fusion from 80 days down to 30. The company is currently conducting the same process with the Escape, lowering the orderable configurations from 1,000 down to 25. "We're going part by part and product by product to attack all this complexity in the business," said Joe Hinrichs, Ford's president of global operations. These changes may be small but they will make a huge difference for Ford's bottom line over the next few years. Ford Ford Ford

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Ford Explorer Ford Fusion Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top