COAL POWERED CARS ARE THE FUTURE AND WILL BE RAMMED DOWN YOUR GULLET The job cuts are expected to come among Ford’s salaried ranks in a variety of operational functions, according to the people familiar. They may come in phases, …
from Zero Hedge Update II: The cutbacks announced by GM Monday morning were more severe than most analysts expected – and were certainly steeper than leaked reports published late Sunday and early Monday had suggested. After GM shares were halted pending news …
DEARBORN, Mich. — When Ford Motor was celebrating the 100th anniversary of its Rouge industrial complex last week, its chairman, William C. Ford Jr., offered an optimistic outlook for the years ahead. The company is still solidly profitable, he …