Hirings/Firings - [248 news]
...signed to cut costs by $15 billion by the end of 2009. The Detroit automaker is looking reduce costs in an increasingly difficult market that could drop to 14 million units per year with fewer SUVs and trucks leaving dealer lots. Among the cost cutti...
... has managed to snag tax breaks from both the state of Michigan and the city of Auburn Hills to open its world headquarters near Detroit, the U.S. capitol for automakers. While we're sure that Michigan's Oakland County is happy to see Gibbs' investme...
...s and rearranges underway with its North American facilities to better serve the demands of the market. The biggest news is that Prius production will be coming Stateside, which will help unkink the supply pipeline, if not also lower costs. A new fac...
...to find its niche. Sales of almost every Volvo product have declined in 2007, with the S60 falling by 28.1 percent, the XC90 dropping 5.6 percent and the V70 station wagon losing 7.7 percent. For June of 2008, Volvo only moved 7,001 vehicles, down 14...
...white-collar jobs and sell, or stop production, of some if its brands. The General has supposedly set 2010 as a target for its return to profitability, but the automaker has never announced any details on how it plans to achieve that goal.GM's manage...
...statesman. His 236 grands prix contested to date is second only to Rubens Barrichello's 261, and the Scotsman has elevated his suffering of the latest batch of rookies each season to an art form. But that may be winding to a close, as DC looks into t...
...rigued by the recent migration of championship-winning open-wheel racers to the stock car series. Former Indy 500 and Monaco GP winner Juan-Pablo Montoya seems to be making a go of it, while fellow Indy and F1 champ Jacques Villeneuve has all but giv...
...hat we called it when rumors began intensifying just a couple of days ago that David Coulthard might retire from Formula One racing. Those rumors were confirmed today - at the Silverstone track, one day before the start of his home race - when the el...
... Performance Transportation Services (PTS) was the straw that broke the camel's back. The second largest car hauler in the United States was unable to survive the wage-related dispute, especially after filing for bankruptcy protection in 2006 and 200...
... pickup truck woes continue to worsen, leaving even mighty Toyota little choice but to slow production of its Tundra model. In fact, Toyota's brand new plant in San Antonio that was built just for the Tundra will be shutting down a total of 14 days b...
... to central England, then Jaguar/Land Rover may have the opportunity of a lifetime for you. The newly Indian-owned British marques are looking to fill 600 positions to beef up their engineering staffs that work on emissions performance. Both experien...
...wed up by Automotive News. Sources are saying that Shanghai Automotive Industry Corp. may be one of the potential suitors, while a Russian investor has also expressed interest in Ford's Swedish arm. FoMoCo's CEO, Alan Mulally began a strategic review...
...rs... it's done. According to a statement from Ford, which can be read after the break, the sale of the two British automakers has been officially finalized as of today. Ford also wishes the best for its recently departed companies and their employee...
...you walk into an automaker's factory or engineering facility, there are signs prominently displayed letting everyone know that cameras and camera phones are prohibited. Unfortunately for an electrician at the General Motors Assembly plant in Oshawa, ...
...ed in the interim by chief financial officer David Smith. But as the British automakers transition ownership from Ford to Indian automaker Tata, the twin companies are preparing to name a new chief executive. Since initially announcing the deal, Tata...
...en one of Ferrari's drivers had better start updating his CV, because the rumor-mill's a churnin' again over Fernando Alonso's speculated move to the Scuderia. The report was flying around Monte Carlo, where the F1 circus made its most recent stop. B...
...wrong. The only thing some 12% of Ford's salaried workforce did wrong is get hired by a company that dug itself into a hole relying on strong truck and SUV sales during the 1990s. Now, with consumers avoiding gas-hungry vehicles, the restructuring ef...
... to leave the automaker's ranks in exchange for a buyout offer and retirement incentives. The offer was extended to 74,000 UAW workers in an attempt to swap out highly paid long-termers with lower-paid new employees as the General realigns its financ...
...ary, analysts expected a settlement within days. The supplier of axles, driveshafts, and other related components to General Motors and other automakers had a stockpile of inventory on hand, and few expected the strike to affect production. However, ...
...land of the free and home of the brave lacks a standard-bearer to represent one the biggest motorsport cultures in the world at the pinnacle of racing. Several drivers, however, are lining up for the opportunity. The first step for any aspiring F1 dr...
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