Ford to Cut 700 Jobs at Michigan Plant
DETROIT -- Ford Motor Co. plans to cut 700 jobs and eliminate the third shift at its small-car assembly plant in Wayne, Mich., in the company’s first large-scale layoff of Tier 2 workers.
The plant builds the Focus and C-Max, whose sales are...
MELBOURNE (Reuters) - Ford Motor Co's (NYS:F) Australian unit will announce plans later on Tuesday to cut up to 440 jobs at two production plants in Melbourne and nearby Geelong in Victoria state, a spokeswoman said.
The company was still talking with workers ahead of the announcement...
Toyota's credit outlook cut to negative by Moody's citing yen
By: Siddharth Philip
December 22, 2011
MUMBAI (Bloomberg) -- Toyota Motor Corp. and its affiliates' credit rating outlook was cut to negative from stable by Moody's Investors Service on concern gains in the yen may...
Ford Missing Market-Share Goal Adds Pressure to Cut Prices
By Keith Naughton -
Apr 15, 2011 4:09 PM ET
Ford Motor Co. (F), after increasing its share of the U.S. light-vehicle market for the last two years, is falling short of its retail goal this year, which may put pressure on the...
Nissan, led by enthusiastic CEO Carlos Ghosn, has emerged as a surprise leader in the push toward electrification of the automobile. What is so remarkable about this is Nissan was not even part of the EV conversation two years ago. Now the company is poised to be the first major manufacturer to...
FORD E-SERIES VANS CUT FUEL COSTS, CO2 EMISSIONS IN UNIQUE WAY – VAN POOLING CO
Ford E-Series vans can achieve a whopping 150 passenger-miles per gallon each day as commuter vehicles for VPSI Inc., a leader in developing and maintaining world-class vanpool programs
Ford E-Series vans...
Verizon, a global leader in delivering broadband and other wireless and wireline communications services, expects to save 1.62 metric tons of CO2 each year by adding 501 Ford E-250 cargo vans upfitted with clean-burning compressed natural gas (CNG) engine packages versus conventional gas models...
2009 MANAGEMENT BRIEFING SEMINARS
Ford cuts factory retrofit spending 50% over two years, exec says - AutoNews.com
August 4, 2009 - 1:06 pm ET
UPDATED: 8/4/09 1:40 p.m. ET
TRAVERSE CITY, Mich. -- Ford Motor Co. has cut its capital costs for factories and...
Courtesy of AutoBlog.com:
Ford is launching ten new or redesigned vehicles this year, bringing its line-up age down to a scant 2.4 years, according to a Merrill Lynch report. Product Chief Derrick Kuzak told the Free Press that the goal is to keep the product lineup fresh, and the Blue Oval is...
GM Jan sales plunge 49 percent; output cut
By Kevin Krolicki
DETROIT, Feb 3 (Reuters) - General Motors Corp (GM.N) reported a 49 percent drop in January sales on Tuesday, a steeper-than-expected plunge that came as overall U.S. auto sales tumbled to their lowest level since 1982.
GM cut its...
Ford stance: A cut above ailing rivals
DECEMBER 8, 2008 - 12:01 AM ET
DETROIT — Here's a big challenge for Ford Motor Co. as it seeks federal aid: Avoid the stench of death that surrounds crosstown rivals General Motors and Chrysler LLC.
Volvo Cars unit plans to cut jobs and eliminate a night shift at its plant in Gothenburg, Sweden, to help it contend with tough market conditions, a Volvo Cars official said on Tuesday.
"We will discuss with the unions within a few weeks (a plan) to take out the night shift from the Torslanda...
Total of hourly reductions since '05 may hit 44%
February 9, 2008
By SARAH A. WEBSTER
FREE PRESS BUSINESS WRITER
About 8,000 autoworkers still must go at Ford Motor Co.
That is the internal target for Ford's latest job-reduction program for hourly workers, according to people familiar with...
Kuzak: Ford will cut average vehicle age
DETROIT -- Ford Motor Co.'s product development mantra will be fresher, faster, simpler, Derrick Kuzak, Ford's group vice president of global product development, said today at the Automotive News World Congress.
Ford will update its vehicles with...
GM may cut 500 jobs in Pontiac
Weak sales of Silverado, Sierra spur downsizing plan
Sharon Terlep / The Detroit News
General Motors Corp. is expected to lay off about 500 workers at its Pontiac Assembly Center, where the automaker builds full-size pickup trucks that have been taking a beating...
DEARBORN, Mich. — Buyers of the 2007 Ford Mustang V6 had 16,000 buildable combinations of options and colors. But when the 2008 Mustang V6 hits showrooms in August, it will only come in 200 buildable combinations, Ford told Inside Line.
In most cases, the changes should be relatively minor. The...
LONDON (AFX) - Ford Motor Co has announced the closure of its foundry in Leamington Spa, Warwickshire, with the loss of 387 jobs.
Production at the foundry, which produces brake components for small and medium-sized vehicles, will cease at the start of the summer shutdown in July, a Ford...