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FORD TO MATCH SUPPLIERS' EMPLOYEE INCENTIVES FOR VEHICLE PURCHASES

    FORD TO MATCH SUPPLIERS' EMPLOYEE INCENTIVES FOR VEHICLE PURCHASES
    DETROIT, Feb. 13 /PRNewswire/ -- Ford Motor Company (NYSE: F) will notify suppliers that the company will match any incentive -- up to $1,000 -- offered by suppliers to their employees for the purchase or lease of a new 1991 or 1992 Ford or Lincoln-Mercury vehicle.
    To be eligible for participation, the supplier must offer its employees a cash incentive, and the employee must purchase or lease the vehicle within 90 days, but not later than June 4.
    All 1991 and 1992 Ford Motor Company models are eligible for the new match assistance program.  Ford's suppliers' employees are eligible to receive this new cash assistance incentive in addition to any previously, publicly announced incentive.
    Currently, Ford is offering customer cash assistance ranging from $500-$2,000, or low financing ranging from 2.9-7.9 annual percentage rate, on selected Ford, Mercury, and Lincoln models through March 31.
    Matching funds will not be provided to suppliers' employees purchasing vehicles under Ford's "A", "X", or "Z"  incentive programs.
    Ford Motor Company is providing the new supplier employee match cash assistance program in support of several recently announced supplier initiatives encouraging the purchase of new domestic vehicles.
    -0-                       2/13/92
    /CONTACT:  Tom Rhoades, 313-337-3864, or Carolyn Burke, 313-594-3080, both of Ford Motor Company/
    (F) CO:  Ford Motor Company ST:  Michigan IN:  AUT SU: 229 02-13-92 10:01 EST SM -- DE009 -- 9814 02/13/92 14:05 EST
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Publication:PR Newswire
Date:Feb 13, 1992
Words:242
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