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GM to follow Ford and restructure its restructuring
Following a slew of labor problems including the American Axle strike that cost an estimated $2 billion, General Motors is restructuring to accommodate the declining U.S. auto market. Following the lead of Ford and Chrysler, the move will likely include further cost cutting and layoffs, as production of thirsty truck and sport-utility vehicles is wound down to make room for more fuel efficient vehicles. Information is sketchy at this stage, but plan on learning the details when the restructuring is officially announced at the company's annual ... Read more →
Ford cuts dividends, reduces board member fees Stuart Waterman
Ford Motor announced Thursday that it is cutting its dividend in half, and reducing the fees paid to board members. While chief executive Bill Ford Jr. stated that the move was intended to strengthen ...
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GM to follow Ford and restructure its restructuring 1 year ago on Autoblog
Following a slew of labor problems including the American Axle strike that cost an estimated $2 billion, General Motors is restructuring to accommodate the declining U.S. auto market. Following the lead of Ford and Chrysler, the move will likely include further cost cutting and layoffs, as ...
Ford cuts dividends, reduces board member fees 3 years ago on Autoblog
Ford Motor announced Thursday that it is cutting its dividend in half, and reducing the fees paid to board members. While chief executive Bill Ford Jr. stated that the move was intended to strengthen the company's liquidity position during its ongoing restructuring, analysts believe the measure is ...
Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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