OTHER NEWS - April 14, 1995

Ford Boosts Dividend: The auto maker raised its dividend by 5 cents a share and said it is asking its production and raw material suppliers in Europe and North America to help the company cut annual material costs by 5% through 1999. Ford Motor Co. also said it wants significantly more participation by its suppliers early in the design process to improve efficiency and quality and cut costs. Ford spent about $50 billion on raw materials and production parts for Europe and North America last year. The company said it is asking suppliers to adopt simple quality standards that would bring improvements in quality of 25% annually on carry-over parts, 50% on new parts.