Auto parts supplier is in the red due to Ford Bronco disaster

Auto parts supplier is in the red due to Ford Bronco disaster
Ford Bronco

The prestigious USA order turned into a debacle for the Webasto supplier.

(Photo: Imago Images/Zuma Wire)

stockdorf remake of mythological Wade The Bronco has found a huge demand in America. Upper Bavarian car supplier Webasto was more than proud to be selected as the supplier for several roof variants of the off-road vehicle in 2018. “It is fantastic to be a supplier to such an icon,” Webasto CEO Holger Engelmann told Handelsblatt. The company is expecting sales of 2 billion euros for the full term of the model.

But the larger order ended in disaster. The new Webasto plant in Detroit opened late, forcing Ford to postpone first deliveries and replace thousands of hardtop roofs due to quality problems. The failed product launch cost Webasto 200 million euros and contrary to plans, the company suffered losses last year.

read now

Get access to this and every other article

Free for 4 weeks on the web and in our app.

continue

read now

Get access to this and every other article

Free for 4 weeks on the web and in our app.

continue

READ  Daily and Fixed Deposits: This is where the highest interest is now
Written By
More from Thalia Vaughn
Mourners shell out their respects to Rayshard Brooks at public viewing
Democratic senators on Monday gave their strongest indications nevertheless they could block...
Read More
Leave a comment

Your email address will not be published. Required fields are marked *