Ford Aims to Develop Own Hybrid Components
NEW YORK - Ford Motor Co., rattled by rival Toyota Motor Corp.'s moves to squeeze the supply of hybrid engine components, is moving to develop its own hybrid expertise, the Wall Street Journal reported on Wednesday.
The automaker also wants to cultivate ties with suppliers to ensure a more reliable supply of these components, the paper said.
Ford, the first Detroit-based automaker to bring to market a full-fledged hybrid, is also considering selling a Ford- designed hybrid in China, the paper said, citing the company's hybrid program manager, Mary Ann Wright.
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