Transportation equipment industry
As the NASCAR season heats up, Pontiac teams led by crew chief Ryan Pemberton are pushing back against allegations of aerodynamic advantage. Pemberton, who recently acquired Ernie Irvan as his driver, is unafraid to speak out against what he perceives as unfair practices by Ford teams. "Those cheating Fords,
Transportation equipment industry
January auto sales plummeted 6.6% in the United States, with car sales experiencing a sharper decline of 14.1%. However, sport utility vehicles, mini-vans, and pickup trucks continued to show stability, with sales rising 2.9% last month. General Motors Corporation and the Ford Motor Company reported significant drops
Transportation equipment industry
Britain's motor industry was given a significant boost yesterday with the announcement of over 4,000 jobs secured through investments by Land Rover and Ford. The announcements come as the government has also agreed to grant £43 million to Jaguar to produce its new X400 sports car at
Blair, Tony
A £43 million grant aid package will be announced by the Government today, securing the massive "baby Jag" project for Britain and cementing Jaguar's position as a medium-sized car maker. The video link-up with Ford's CEO, Mr Alex Trotman, and Prime Minister Tony Blair
Blair, Tony
The UK government has finalised a £43 million aid package that secures Jaguar's new "baby" saloon production for Britain, safeguarding 3,000 jobs and creating hundreds more in the West Midlands. Meanwhile, a similar £40 million grant package for Birmingham van maker LDV, which could bring
Transportation equipment industry
Congress quietly extended lifetime allowances for staff and office space for America's four ex-presidents, reversing a 1993 decision to end subsidies due to concerns about costs. The allowances, worth $2.2 million, include a $151,800 pension for each ex-president and $1,848,200 for office expenses. The
Transportation equipment industry
The United Road Transport Union (URTU) has left the Trades Union Congress (TUC) after a century-long membership, citing a dispute with the Transport and General Workers' Union (TGWU) over sign-up policies for Ford drivers at Dagenham plant in Essex. The URTU, which represents 15,000 workers, has denied allegations
Ford Motor Co.
Jaguar has confirmed its decision to invest Pounds 300 million in a new plant in the UK, with negotiations ongoing for a Pounds 80 million government grant to help fund the project. The investment, which will create up to 3,000 jobs, has been welcomed by MPs and union leaders,
Ford Motor Co.
Jaguar's new small car, code named X400, will be built at the Halewood factory in Merseyside, a significant boost for the UK's automotive industry. The decision follows a competitive bid between Ford factories globally, with the UK government's offer of £50m in aid proving
Transportation equipment industry
Chrysler's biggest secret, the revolutionary Jeepster, has been spotted in the United States. This groundbreaking vehicle is a tall, rugged off-road car that can convert into a low-slung sports car with the push of a button. With 10 inches of ground clearance and four-wheel drive, the Jeepster is
Transportation equipment industry
Ford has released a $1 million TV commercial for their Mondeo model featuring David Duchovny, star of the popular TV series The X Files. The commercial is a spooky tale of the unexplained, where a driver has a sixth sense that warns him of an impending danger. The ad features
Transportation equipment industry
Chrysler Corp. ended 1996 with a bang, achieving its highest U.S. sales level ever, surpassing its previous record set in 1988. The company's sales of 2.45 million vehicles and light trucks marked a 13% increase over 1995, a year that saw Chrysler sell 2.16 million
