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27,000 Ford workers have officially left the building
The Detroit Free Press is reporting today that since Ford began offering buyouts and early retirement offers to its hourly employees last year, about 27,000 have accepted and left the company. Since the offer was made last October to hourly workers at all of Ford's plants in North America, about 8,000 before the ball dropped on 2007 and 19,000 so far this year. Fortunately for Ford, about half were not eligible for early retirement, which means the automaker takes on less long-term retiree health care liability. Some of the workers who clocked ... Read more →
Subaru's 'new course' soon to be outlined Damon Lavrinc
Back in June of last year, Ikuo Mori took the helm as Fuji Heavy Industries' CEO. His task: end Subaru's five-year long sales slump. Subaru's retail efforts have not lived up the automaker's ...
Chrysler to present restructuring plan in February Damon Lavrinc
Chrysler Group CEO Tom LaSorda travelled to DaimlerChrysler's headquarters in Stuttgart, Germany, last Wednesday to present a restructuring plan to the company's management board. The Detroit News ...
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27,000 Ford workers have officially left the building 2 years ago on Autoblog
The Detroit Free Press is reporting today that since Ford began offering buyouts and early retirement offers to its hourly employees last year, about 27,000 have accepted and left the company. Since the offer was made last October to hourly workers at all of Ford's plants in North America, about ...
Subaru's 'new course' soon to be outlined 2 years ago on Autoblog
Back in June of last year, Ikuo Mori took the helm as Fuji Heavy Industries' CEO. His task: end Subaru's five-year long sales slump. Subaru's retail efforts have not lived up the automaker's expectations set in 2002, with a failed attempt at moving the brand up market and the slow sales of its ...
Chrysler to present restructuring plan in February 2 years ago on Autoblog
Chrysler Group CEO Tom LaSorda travelled to DaimlerChrysler's headquarters in Stuttgart, Germany, last Wednesday to present a restructuring plan to the company's management board. The Detroit News reports that the plan will involve job cuts and and the closing of at least two plants in the U.S. The ...
Autoblog Podcast #156: Paukert comes back for more!
Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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