BASF named by Ford as preferred supplier of automotive products and services

BASF named by Ford as preferred supplier of automotive products and services

BASF has been named by Ford Motor Company as one of its preferred global suppliers, joining a select list of 36 suppliers in Ford's “Aligned Business Framework.” The Aligned Business Framework is a crucial element in Ford's global programme to reduce the number of suppliers the company uses,and to build more collaborative relationships with those suppliers. Globally,Ford has more than 2,000 production suppliers and spends around USD 70 billion dollars annually on production parts. In May 2006, BASF Coatings received Ford's“World Excellence Award” for exemplary performance as a supplier of automotive coatings to Ford's operations in North America and Europe.