Ford’s factory bundle offers decline $12 a ton
Nov 29, 2006 | 02:07 PM
| Michael Marley
The top offers for Ford Motor Co.'s factory bundles are down about $12 a long ton from a month earlier, industry sources said, although it's uncertain whether the automaker will have excess bundles to ship from its Chicago-area stamping plant in holiday-shortened December.
The reported decline puts the price of Ford's bundles at about $219 a ton, f.o.b. the stamping plant, closer to the price level that Chrysler Group's bundles sold for this month. Prices paid for those bundles were said to range from $210 to $215 a ton f.o.b. at plants in the Midwest and those in the Detroit and Cleveland areas (AMM, Nov. 3).....
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