Posts Tagged ‘tough times’

Ford readying bonuses for entire workforce

Wednesday, March 12th, 2008
Ford is making significant strides to turn its North American operations around. In 2006, it was able to cut almost 34,000 workers from its payroll after one round of buyouts and is looking to cut even more of its workforce this year through another payoff program that's being offered to 54,000 UAW-......

New reports of Lincoln going global

Friday, November 23rd, 2007
We distinctly remember hearing last year that Ford had absolutely no desire to export its Lincoln brand to other markets besides North America. Unfortunately, we couldn't find the post in our archives to back up what our memory swears is true. That said, in these tough times when a turnaround puts e......

Williams FW30 breaks through the fog

Monday, November 12th, 2007
click above for more high-res pics of the Williams FW30 Things have gotten a bit foggy over at Williams F1. The once front-running, championship-winning grand prix team has landed on tough times. This year the team opted against holding a glitzy unveiling event like those held recently by Ferrari, M......

Gettelfinger says Ford, Chrysler in good shape for future

Friday, October 26th, 2007
New contracts for the United Auto Workers union that actually help save money for the Big Three domestic have been wrapped up for some time, but $100/barrel oil and continually despressed housing market are contributing to tough times for U.S. automakers. Those harsh realities don't seem to be getti......

Toledo cops begin selling ads on police cruisers

Tuesday, May 1st, 2007
"This citation has ben brought to you by _________, for all your _________ needs. Thanks for using the Toledo PD, please drive safely and have a nice day."The Toledo, Ohio police department needs to replace about 100 of its 140-car fleet at a time when money's tight. When budget deficits are forecas......

Ford announces bonus payout for all workers

Saturday, January 20th, 2007
Ford announced today that it will be cracking open the coffers to pay out a bonus to every single one of its salaried and hourly workers in the U.S. and Canada, a number that now stands between 120,000 and 128,000 people. According to Automotive News, the bonuses will range from $300 to $800 for non......

Earnings reports: Q2 winners and losers

Thursday, June 15th, 2006
There's no question that these are tough times in the automotive marketplace - tough because buyer demands and preferences are changing so quickly that an automaker can find itself on the wrong side of the curve in the blink of an eye.A big winner for Q2 is, of course, General Motors, which is start......