Ford is on a roll this year, with excellent quarterly earnings and better-than-expected vehicle sales leading to 800 more job opportunities with the Blue Oval. In January, Ford announced that it wanted to hire 2,200 salaried employees, but, since then, that figure has been revised to 3,000, representing a 36-percent increase over original projections. About 1,500 of those jobs remain, 80 percent of which are technical professional positions.
Economists have long argued that there's no better medicine for an ailing economy than a good old-fashioned war. Now, some analysts are arguing that the nascent plug-in vehicle industry is fulfilling the same purpose. Job creation, and not environmental benefits, is the primary reason why many countries are pushing for expanded plug-in vehicle production, according to a report from researchers at the University of Indiana and the University of Kansas. The study cites China, France, Germany and e
Consumer demand for fuel efficient vehicles and a federal mandate to reach 54.5 miles per gallon by 2025 has helped bring back 236,000 badly-needed U.S. auto industry jobs since 2009, says a report issued by DrivingGrowth. A portion of this growth – 66,300 new jobs – occurred in the Midwest in Michigan, Indiana, and Ohio, along with new jobs in 500 facilities in 43 states that manufacture components and technology that contribute to fuel economy improvements. DrivingGrowth is a proje
The Post-Standard reports that DaimlerChrysler (DCX) paid the state of New York $1.5 million as a penalty for not providing 300 new jobs at the automaker's New Process Gear plant. DCX had made a promise to provide the jobs back in 2002 in order to obtain a $2.5 million grant from the state.