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Keyword: automobilebusiness

Brevity: Headers | « Text »
  • UNSOLD CARS AROUND THE WORLD

    02/28/2009 9:45:01 AM PST · by Daffynition · 16 replies · 1,297+ views
    The Business Insider ^ | Feb. 27, 2009 | Barry Ritholtz
    Nissan has announced plans to cut its Sunderland workforce by 1,200. Thousands of unsold cars are stored around the factory's test track Honda is halting production at its Swindon plant in April and May, extending the two-month closure announced before Christmas to four months. Honda and Japanese rival Toyota are both cutting production in Japan and elsewhere. Pictured, Hondas await export at a pier in Tokyo Earlier this week Jaguar Land Rover said 450 British jobs would go The open car storage areas in Corby , Northamptonshire, are reaching full capacity Imported cars stored at Sheerness open storage area...
  • It's still your father's General Motors

    11/27/2005 10:50:14 PM PST · by truth_seeker · 39 replies · 1,185+ views
    Orange County Register ^ | Sunday, November 27, 2005 | By STEVEN GREENHUT
    ....General Motors announced last week that it was shuttering a dozen North American manufacturing, assembly and stamping plants and eliminating about 30,000 jobs. "But analysts immediately questioned whether the plan was enough, saying it lacked the speed and breadth that had helped rivals make comebacks," reported a front-page New York Times article, which later raised the specter of bankruptcy for what is still the world's largest car company. Although not for long. Toyota, newspapers report, is poised to take that honor early next year. GM, which in the 1960s made more than one of every two cars sold in the...
  • Carroll Shelby is back working his magic with Ford!

    01/04/2004 7:11:43 AM PST · by taildragger · 85 replies · 533+ views
    Detroit News and Free Press ^ | 01/04/04 | Bill Vlasic
    "Thirty-five years after Carroll Shelby and Ford Motor Co. parted ways, Shelby, 80, is back in the fold and shepherding a new era of Shelby Cobras, the first of which will be revealed to the media tonight at the auto show."