Lower sales, shift to smaller cars cited Ford Motor Co.'s buyout offer to workers at its two Louisville plants will be expanded to United Auto Workers at most of its North American plants, the company said yesterday. As a...
By JEWEL GOPWANI • Detroit Free Press • July 20, 2008 DETROIT -- Shares of seatmaker Lear Corp. and Ford Motor Co. spinoff Visteon Corp. have lost almost half of their value in that time. "You still have to hold your breath...
It has been a summer of plummeting expectations for auto suppliers. Week after week, analysts have lowered all sorts of expectations -- for stock price, earnings and overall ratings -- for many local suppliers, often to the...
Two General Motors Corp.Michigan assembly plants could feel the pinch of further production cuts soon but one could get more work, according to one automotive forecast that seeks to interpret GM's announcement this week that...
Shares of several auto suppliers tumbled to 52-week lows Tuesday, after General Motors Corp. announced further light truck production cuts as part of a plan designed to help the struggling automaker ride out the continued...
Shares of several auto suppliers tumbled to 52-week lows Tuesday, after General Motors Corp. announced further light truck production cuts as part of a plan designed to help the struggling automaker ride out the continued...
Man, 62, alleges that Blue Oval used age bias in handing out pink slips as it seeks to cut costs. Bryce G. Hoffman / The Detroit News A salaried worker who was laid off from Ford Motor Co. is suing the automaker, claiming age...
Jeff Ayres • jeff.ayres@jackson.gannett.com • July 13, 2008 DURANT — No part of Mississippi has escaped the current economic crunch. That's the reality in mostly rural Holmes County, which is about an hour's drive from north...
VAN BUREN TOWNSHIP, Mich., July 11, 2008 /PRNewswire-FirstCall/ -- Visteon Corporation (NYSE: VC - News ), one of the world's leading suppliers of automotive components and integrated systems, will release its second-quarter...
Van Buren Township MI (SPX) Jul 03, 2008 - The Visteon Navigation Radio System - a fully integrated replacement in-dash entertainment system featuring GPS navigation, iPod/MP3 command and control, Bluetooth hands-free phone...