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AUTOS WORLDWIDE
* USA - Bill Ford's statement
Deaborn,Mich,USA -The Detroit News (Detroit,Mich) -August 18, 2006: -- Today, we are announcing that North American production in the fourth quarter will be cut by 21 percent. This action, difficult as it is, reflects an assessment of the marketplace that is conservative and more aligned with the shift in customer demand... Thank you for your continuing efforts to build a better Ford... Bill Ford
* USA - Ford May Make Additional Job Cuts
USA -The Wall Street Journal/Bloomberg -18 Aug 2006: -- Ford Motor Co. may eliminate 6,000 salaried jobs next month... According to a person familiar with Ford’s plans, the reduction in white-collar positions would be in addition to cuts of up to 30,000 North American jobs that the country’s second largest automaker is planning by 2012 under its Way Forward plan... Ford is also considering accelerating previously announced plant closures in Wixom, Mich., Norfolk, Va., and Windsor, Ontario, Canada...
* USA - More Delphi Workers Accept Buyouts
USA - Bloomberg -18 Aug 2006: -- 6,300 workers at bankrupt auto parts supplier Delphi Corp. have accepted buyouts or retirement incentives to leave the company... The workers, part of the International Union of Electronic Workers-Communications Workers of America, join about 12,600 members of the United Auto Workers who accepted buyouts in June...
posted by Unknown @ 1:24 PM
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