Pressure Mounts Volkswagen: The Carmaker Expected to Name New C.E.O. on Friday
Submitted by Jitendra Tiwari on Fri, 09/25/2015 - 09:14
Martin Winterkorn, the CEO of Volkswagen, the German car maker hit by an emission scandal, resigned on Wednesday. A name is expected to be announced on Friday, his replacement as the company's new chief executive.
Reports Say Fiat Chrysler to Shuffle Production Locations and Invest $5.3 billion in U.S. Plants
Submitted by Amarinder Sekhon on Fri, 09/18/2015 - 07:57
On Thursday, reports said that Fiat Chrysler Automobiles plans of investing $5.3 billion in its U.S. plants in the coming four years time.
Ford Motor Co. Plans to Move Commercial Truck Production From Mexico to Ohio
Submitted by Amarinder Sekhon on Wed, 08/12/2015 - 11:00
On Wednesday, Ford Motor Co said that it is moving its medium-duty F-650 and F-750 commercial trucks production from Mexico to Cleveland area plant.
Starting from 2000, till now early this year the commercial trucks were being built in Escobedo, Mexico by a joint venture of Ford and Navistar International Corp called Blue Diamond.
Ford Reports Record Second Quarter Profits in North America
Submitted by Jitendra Tiwari on Thu, 07/30/2015 - 11:12
On Tuesday, Ford announced its quarterly earnings and the results surprised everyone.
The car maker reported earnings that surpassed market expectations. Ford's earnings of $1.9 billion dollars were a record quarterly profit in North America since 2000.
To Meet Growing Demand for SUVs and Pickups Ford Cut Down Summer Break
Submitted by Kunal Garg on Tue, 06/02/2015 - 10:39
Workers of Ford Motor Co. in the U. S factories will have a shorter summer vacation this year, thanks to the growing demand of some models.
There has been a great demand for Ford's SUV's and the new F-150 pickup with an aluminum body and to deliver the extra numbers the company plans to shorten the second half of the two week break at its factories in its sixteen U. S factories.
Volvo to Build its New Plant in South Carolina
Submitted by Ajay Saxena on Wed, 05/13/2015 - 11:20
The much speculated location for the new plant that Volvo Cars plan to construct in the U. S has finally been announced. On Monday, a announcement said that the company has selected South Carolina's Berkeley County for its plant in North America. It will be the first auto plant of the company in the continent. The company says that it will add 2000 workers in the plant over the next ten years and 4000 by the year 2030.
