News about Ford starting a new venture. No mention of MCF but thought might be of interest.
news.com^2FLight%20Trucks~F~BLO~45228430~~~~~,00.html
Ford to Sell Auto Parts Online in 'Virtual Junkyard,' WSJ Says
Bloomberg News
April 26, 1999, 4:53 a.m. PT
Detroit, April 26 (Bloomberg) -- Ford Motor Co., the world's
second-largest automaker, is expected to announce today that it
will sell used auto parts primarily through the Internet, the
Wall Street Journal reported. Ford's new unit will receive orders
for specific parts on-line and then send them via express mail to
insurance companies, repair shops and consumers, according to the
Journal. In addition, the automaker will sell new auto parts with
slight defects, the newspaper reported.
Earlier this month, the automaker's financing arm, Ford
Motor Credit Co., became the first company to offer commercial
paper, or unsecured obligations due in less than 270 days,
directly over the Internet. |
