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    Official: Ferrari gives employees record $5,600 bonus on strong year
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    Ferrari has got to be a great place to work. In fact, it's named as one of the best places to work in Europe year after year. Add to that the pride of making some of the coolest cars in the business, running one of the winningest teams in all of motorsports (even if the Scuderia isn't doing so ...

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    Report: Toyota raises Japanese base wages for first time since 2008
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    Toyota is on track for record profits, and in return, its Japanese workers are receiving their first increase in base wages since 2008, plus higher pay based on seniority and a larger bonus for 2014. The Japanese automaker predicts the average laborer will net a 2.9 percent income gain. The ...

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    Report: Dealership owner thanks employees with $1K per year of service
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    The owner of the Howard Cooper Import Center in Ann Arbor, Michigan recently sold his 47-year-old dealership to a new company, but before he did, he took the time to say thanks to his employees. How? Everyone on staff received $1,000 for each year that they'd worked for the company. Howard Cooper, ...

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    Official: Fernando Alonso gets a Ferrari FF for winning the Malaysian Grand Prix
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    Even at a team like Ferrari (which has more grand prix victories to its name than any other team in Formula One – 217 to be specific), every win counts. Especially these days when they're far more scarce than they were in the Michael Schumacher days of back-to-back championships. So when ...

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    Report: Ford to pay bonuses and raises, GM and Chrysler decline to do same
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    Ford has announced that it will give both bonuses and merit-based raises to the company's salaried workers in the United States and Canada for the first time since 2008, according to Reuters. On average, the manufacturer will offer a 2.7 percent salary increase based on individual performance. ...

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    Report: Ford assures workers of bonuses if targets are met
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    The latest musical theme for Ford workers and shareholders could be Junior Mafia's "Get Money." The Blue Oval just told its salaried employees that 2010 bonuses would average three percent. Not only does that reinstate the bonus system missing for the past two years, it rewards salaried employees ...

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    Ford workers to get cash bonuses on March 13
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    Barely over a year ago, Ford paid out cash bonuses to its employees and recently hinted that they'd do the same this year. Today, an email sent to Ford employees confirmed the bonuses, which will be $1,000 for hourly UAW workers, with significantly larger bonuses based on pay grade going to ...

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    Ford readying bonuses for entire workforce
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    Ford is making significant strides to turn its North American operations around. In 2006, it was able to cut almost 34,000 workers from its payroll after one round of buyouts and is looking to cut even more of its workforce this year through another payoff program that's being offered to 54,000 ...

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    Porsche rewards employees with $7,000 bonus
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    While comparing Porsche to General Motors is beyond a stretch, we couldn't help but think about last week's UAW strike against the General while reading about Porsche giving away $7,350 in bonuses to over 8,000 full-time employees. Must be nice to be part of a profitable automaker – even if ...

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    Autoblog Podcast #60
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    Podcast #60 finds us reminiscing about the Geneva Motor Show. We spend a while talking about what our team saw at the show - standout vehicles, best and worst, most surprising (good and bad) to see in person versus pictures. John presses Damon for information about how some hotly anticipated cars ...

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    Ford announces bonus payout for all workers
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    Ford announced today that it will be cracking open the coffers to pay out a bonus to every single one of its salaried and hourly workers in the U.S. and Canada, a number that now stands between 120,000 and 128,000 people. According to Automotive News, the bonuses will range from $300 to $800 for ...

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    Alan Mulally making friends fast, receives a raise
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    Alan Mulally went to Ford to kick ass and chew bubblegum, and now he'll be able to afford more Hubba Bubba. It's really a stock option bump -- from $5 to $6 million -- as a reward for taking FoMoCo by its earlobes and attempting to drag it out of the mire it's stuck in. We have seen more focus out ...

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    Salt in the wound? Ford looking at bonuses for management while asking unions for cuts
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    The UAW has been hearing a lot about how the 2007 labor talks will involve tough concessions. Ballooning health care costs and twice as many retirees as active employees result in a $1,500 per-vehicle disadvantage for the Detroit automakers -- these are among the major factors cited for GM's $10.6 ...

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