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
Transportation equipment industry
Kirby McInerney & Squire, LLP, a law firm specializing in complex litigation, filed class action complaints against Gliatech, Ford, Priceline.com, and Xerox, alleging securities law violations. The complaints allege that the companies made material misrepresentations and omissions, artificially inflating their stock prices and causing damage to investors who bought
Transportation equipment industry
Covisint, the internet-based trade exchange backed by major vehicle makers, is set to conduct its first auction within the next few days, following successful pilots at the end of last week. This first auction marks a significant step towards achieving Covisint's goal of linking automotive suppliers and manufacturers
Transportation equipment industry
An investigation by the National Highway Traffic Safety Administration (NHTSA) into possible safety defects in Steeltex tires, a new population of Firestone light truck tires, has been opened due to an influx of complaints following a recall of 14.4 million tires in August. The new investigation is linked to
Transportation equipment industry
Ford Motor Co. has decided to equip the majority of its new Explorer sport utility vehicles with Michelin tires, marking a significant shift away from Firestone tires following a massive recall. The recall, which was issued on August 9, has prompted Ford to seek alternative suppliers, including Michelin. This move
Transportation equipment industry
Following the catastrophic Bridgestone/Firestone Inc. recall of 6.5 million tires, Continental General Tire Inc. has announced a voluntary recall of 160,000 16-inch tires on 39,000 Ford Motor Co.-made Lincoln Navigators. The recall is not linked to any deaths, injuries, or serious accidents, but rather to
Transportation equipment industry
Federal-Mogul Corporation has been selected by Ford Motor Co. to supply brake rotors and drums as replacement parts for use in Ford passenger cars and light-duty trucks. This new partnership will leverage Federal-Mogul's knowledge of manufacturing and distribution in both the original equipment and aftermarket channels to provide
