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Ford to close Australia auto plants
ReutersSYDNEY, May 23 (Reuters) - Ford Motor Co said on Thursday it is closing its two Australian auto plants and will cease production in the country in October 2016. Ford Australia Chief Executive Bob Graziano said the company will close its engine plant in...Tags: Australia, Ford
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Ford cerrará plantas automotrices en Australia
ReutersSIDNEY, 23 mayo (Reuters) - Ford Motor Co dijo el jueves que cerrará sus dos plantas automotrices en Australia y cesará su producción en el país en octubre del 2016. El presidente ejecutivo de Ford Australia, Bob Graziano, dijo que la compañía...Tags: Australia
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Ford to close 2 plants, end production in Australia in 2016 due to high costs and low sales
Associated PressSYDNEY (AP) — Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. The closure of the U.S. automaker's plants in the state of...Tags: General Motors Corp., Julia Gillard, Manufacturing and Engineering, Toyota Motor Corp., Australia
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CNH Tracker-Pilot quota system for moving yuan offshore gathers traction
ReutersBy Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek...Tags: Financial Markets, Moog Incorporated, Money and Monetary Policy, Finance, Hong Kong
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COLUMN-Peak in Australian commodity investment boom is a good thing: Clyde Russell
Reuters--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, May 23 (Reuters) - The delay or cancellation of A$150 billion ($145 billion) of resource projects in Australia in the past year is...Tags: Metal and Mineral, Energy Resources, Woodside Petroleum Limited, China, Plant Openings
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High costs, currency push Ford out of Australia car manufacturing
ReutersCANBERRA (Reuters) - Ford Motor Co will shut its two Australian auto plants in October 2016, blaming a strong currency and costs that are hitting manufacturers just as the country looks for other sectors of its economy to cushion the end of a mining boom....Tags: Foreign Exchange Market, Metal and Mineral, General Motors Corp., Services and Shopping, Elections
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PRESS DIGEST - Wall Street Journal - May 23
ReutersMay 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Hundreds of JPMorgan Chase & Co employees have been redeployed to help the bank resolve...Tags: General Electric Company, Finance, Elections, Manufacturing and Engineering, Economy, Business and Finance
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With U.S. market share surging, Ford ramps up production capacity
Ford Motor Co. is expanding its production capacity to take advantage of the shift in buyer sentiment toward smaller cars and SUVs and for F-series truck sales spurred by the housing market recovery. Ford said it will increase production by about 200,...
Tags: Services and Shopping, Manufacturing and Engineering, Vehicles, SUVs and Crossovers, Automotive Equipment
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For U.S. auto factories, summertime isn't downtime anymore
The decades-old tradition of shutting down U.S. auto factories for two weeks around July may be coming to an end, experts say, pushed out by strong demand and staggered vehicle launch dates. With sales booming, Ford Motor Co., for example, said it...
Tags: Plant Closings, Services and Shopping, General Motors Corp., Manufacturing and Engineering, New Products
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Ford incrementa producción en Norteamérica para cumplir con demanda creciente
ReutersPor Deepa Seetharaman DETROIT, EEUU (Reuters) - Ford Motor Co sumará una semana extra de producción en 20 fábricas en Norteamérica este año, con la meta de construir 40.000 vehículos adicionales para ayudar a sostener su avance en el mercado... -
Ford adds production in North America to meet new car demand
ReutersDETROIT (Reuters) - Ford Motor Co is adding a week of production at most of its North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share. The second-largest U.S. automaker said on Wednesday...Tags: North America, Services and Shopping, General Motors Corp., Manufacturing and Engineering, Vehicles
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Ex-executives of Ford's Argentina subsidiary charged in torture of workers during dictatorship
Associated PressBUENOS AIRES, Argentina (AP) — Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup. All three men...Tags: Employment Opportunities, Employees, Unions, Career and Workplace, Justice System
May 22, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
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|Story| Los Angeles Times
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|Story| Reuters
May 22, 2013
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May 21, 2013
|Story| AP Broadcast
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