Transportation equipment industry
The family of Trina Thurman Adams has reached an out-of-court settlement in their $60 million wrongful death lawsuit against Ford Motor Co. and Bridgestone/Firestone Inc. The lawsuit claimed that the 1994 Ford Explorer, which was equipped with Firestone tires, was defective and in an unreasonably dangerous condition when sold.
Transportation equipment industry
The American auto market experienced a slowdown in November, with US light vehicle sales falling to the slowest pace in 18 months. Land Rover and Jaguar, two import brands owned by Ford, reported a record November for US car sales, while their parent company, Ford, saw a sales slump of
Transportation equipment industry
Jeff Gordon secured the pole for the season-ending NAPA 500 at Atlanta Motor Speedway, but Scott Wimmer stole the show with his unexpected Cup debut qualifying 35th amongst 56 cars. Wimmer, a 24-year-old driver from American Speed Association, made a last-minute attempt to qualify for the Cup field after the
Transportation equipment industry
Tally Systems Corp., a pioneer in enterprise IT asset management solutions, has partnered with Ford Motor Company to automate hardware and software discovery and asset tracking for 100,000 desktops across Ford's global network. This partnership will enable Ford to make informed decisions about new technology investments and
Transportation equipment industry
A sluggish October for Ford's Premier Automotive Group led to weakening sales across its European and Asian brands, including Jaguar, Volvo, and Land Rover. While year-to-date figures show a different picture, with Jaguar and Land Rover experiencing significant sales growth, the month of October itself saw a decline
Transportation equipment industry
The Ford Explorer has been a bestseller for over a decade, but its popularity has been tainted by a series of rollover accidents, leading to the recall of 14.4 million Firestone tires. The NHTSA has linked the recalled tires to 119 American deaths and at least 50 fatalities in
Transportation equipment industry
As part of a $200-250 million (£125 million) quality improvement drive, Land Rover has announced that it will send approximately 2,000 workers from its Solihull factory to retraining programs in Spain, Sweden, and Germany. This effort aims to bring the production standards of its Defender and Discovery lines up
Transportation equipment industry
Ford Motor Company is undergoing a significant change in its strategy, shifting its focus from being the largest to being the best. According to Ford's global marketing vice-president, Jim Schroer, the company has traditionally defined its competitive advantage as being big. However, the customer is now number one,
Transportation equipment industry
Senior executives from leading automotive companies are set to meet at the EyeForAuto conference in San Jose, California, from November 29 to December 1. The event will focus on key issues in E-Business, the aftermarket, and telematics, with top-level executives from Toyota, DaimlerChrysler, Ford, Honda, Audi, BMW, and others in
Transportation equipment industry
The Northern District of Illinois Plaintiffs' Committee, led by Kenneth B. Moll, Esq., has requested the nationwide consolidation of all individual and class actions filed against Bridgestone, Firestone, and Ford for economic damages, injuries, and deaths caused by defective tires. This consolidation aims to resolve the complex litigation in
Transportation equipment industry
Investor Broadcast Network (IBN) has announced a significant step forward in investor communication, as five prominent companies - MKS Instruments, Ford Motor Company, Liz Claiborne, Inc., Avis Group Holdings, Inc., and Old Kent Financial Corporation - will broadcast their quarterly results conference calls over the Internet. This innovation provides investors
Transportation equipment industry
Law Offices of Lionel Z. Glancy, a renowned law firm, has been retained to investigate claims and file class action complaints on behalf of investors who transacted in the securities of RAMP Networks, Inc., Plug Power, Inc., and Ford Motor Co. between specific class periods. The firm has extensive experience
