closing

Automotive News Europe reports that Ford is set to close two more facilities in Europe as it braces for losses in excess of $1.5 billion in the region. The move will see Ford reduce its production capacity by around 355,000 vehicles and slash its workforce by 6,500 employees. The automaker says ...

This didn't take long. Hot on the heels of NUMMI shutting its doors for good, reports are emerging that the plant's former workers aren't satisfied with their severance packages. Originally, employees were slated to see around $54,000 on average, depending on seniority. The newest workers were ...

Blaming the current economic conditions and still wounded from a near-fatal labor strike, Detroit-based auto supplier American Axle & Manufacturing Inc. will reportedly lay off at least 500 workers at its largest plant and send the remaining jobs south of the border to Mexico. This time last ...

The automotive aftermarket has been hit hard in recent years, and the latest casualty of the economic downturn is Crane Cams. According to a report by the Florida News Journal, the 56-year-old manufacturer closed its doors yesterday and laid off the majority of its employees. Any calls to Crane to ...

A paucity of hot product, and an unintentional buyer boycott has claimed the last Mercury-only dealership. Dealerships trading singularly in Mercury products were always few and far between; the brand was usually paired with Lincoln, but Community Motor Company in Canonsburg, PA has sold only new ...

Word filtered down this week through the interweb that Prodrive's operations in the U.S. would cease to exist when the 2007 calendar year concludes. Prodrive America has been around for over five years, mainly supplying Subaru enthusiasts with all the necessary gear to flog road courses and plug ...

The writing's on the wall for Ford's pseudo luxury brand Mercury, which is now tipped to face extinction within the next couple of years. Flagging sales and no major new products in the pipeline mean Ford execs are likely to close the book on Mercury for good, and it could happen as early as 2012. ...

The "Way Forward" has claimed its latest victim, this time in the form of the 50-year-old Wixom plant in Michigan. The production center, tasked with building Lincolns since 1957, has built its final White Chocolate Town Car destined for a customer in Washington D.C.However, the Town Car hasn't met ...

It's twisted and a bit pathetic, but I will be shedding a tear next week in honor of the Ford Taurus officially and finally going out of production. It had a 21-year run that in retrospect is the longest fall from grace in history. During that time Ford sold 7 million Tauruses and another 2 million ...

We found two articles today that focused on the state of Ford Motor Company's various manufacturing plants in North America, one that offers a little bit of hope for one plant and the other not so much for the rest. The ray of hope piece comes from Automotive News, which says that the Canadian Auto ...