Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Ford Signs Pact With Dow Automotive Systems To Build Next-Generation Vehicles

RELATED NEWS
Trade F now with 

Ford Motor Company (F: Quote) Thursday announced that it would be joining hands with Dow Automotive Systems, a business unit of the Dow Chemical Company, to achieve its stated objective of cutting the weight of new cars and trucks by up to 750 pounds by the end of the decade to improve fuel efficiency.

The two companies have signed a joint development agreement that will see researchers collaborate on several fronts. The development teams will focus on establishing an economical source of automotive-grade carbon fiber and develop component manufacturing methods for high-volume automotive applications.

Ford further stated that the partnership will seek to combine the best of Ford's capabilities and experience in design, engineering and high-volume vehicle production with Dow Automotive's strengths in R&D, materials science and high-volume polymer processing.

Ford stated that it is investigating a range of new materials, enhanced design processes and new manufacturing techniques that would enable automotive structures to meet increasingly stringent safety and quality standards while cutting weight.

Click here to receive FREE breaking news email alerts for Ford Motor Co and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Following the big swings seen last week, stocks may continue to experience volatility in early trading on Monday. The major index futures are currently indicating a mixed open for the markets, as the Nasdaq futures are up by 4 points but the Dow futures are down by 81 points. Colorado based doctor Dilip Joseph, who was kidnapped by the Taliban discusses his ordeal in detail in a book published by Amazon on Tuesday. While the Ebola outbreak in the U.S. has thus far been limited to just three people, the results of a new CBS News poll suggest that news of the disease has contributed to a sharp drop in public confidence in the Centers for Disease Control and Prevention.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.