Transportation equipment industry
A three-hour negotiation period resulted in a tentative, three-year contract between the Ford Motor Company and the Canadian Auto Workers union, averting a threatened strike at midnight. The agreement mirrors the terms of a similar four-year contract negotiated by DaimlerChrysler A.G. with the United Automobile Workers union last Thursday.
Transportation equipment industry
Talks between Ford Motor in Canada and the Canadian Auto Workers (CAW) union have improved, with a settlement now possible as a strike deadline looms. Despite initial anger over Ford's initial wage and benefits offer, the union leader, Buzz Hargrove, is now optimistic about the chances of avoiding
Transportation equipment industry
As labor negotiations between the United Automobile Workers union and the nation's largest auto manufacturers continued past the deadline, the union granted contract extensions to Ford Motor Company, General Motors Corporation, and DaimlerChrysler Corporation, maintaining production levels despite record auto sales. However, wildcat strikes erupted at DaimlerChrysler, with
Transportation equipment industry
Jaguar, one of the most evocative names in British motor racing, has formally joined the Formula One fold, announcing an all-UK driver line-up in Eddie Irvine and Johnny Herbert. The team, acquired by Ford, will rebrand as Jaguar Racing at the end of the season and make its debut in
Transportation equipment industry
Some of the world's best entrepreneurial brains have made some of the biggest business mistakes, resulting in massive financial losses and damaged reputations. From Coca-Cola's New Coke debacle to the Sinclair C5 electric car and Ford's infamous Edsel, these high-profile blunders serve as cautionary
Transportation equipment industry
As the three-year contract between the General Motors Corporation and the United Automobile Workers union is set to expire on September 14, the company has made a proposal to offer lifetime employment guarantees to current workers with more than 10 years of seniority. This offer is aimed at addressing workers&
Transportation equipment industry
The United Automobile Workers (UAW) union has narrowed its lead-company bargaining choices to General Motors (G.M.) and DaimlerChrysler A.G., rather than focusing on Ford Motor Company, which had been the target for the last two contracts. This decision comes as the current three-year contract, covering about 350,000
Transportation equipment industry
Ford Motor Company, a global leader in the automotive industry, has chosen Macromedia Generator 2 to enhance its online presence and streamline content contribution across various departments. By leveraging Macromedia's cutting-edge technology, Ford has reduced the turnaround time for Web site graphics creation and empowered different divisions to
Transportation equipment industry
Several major corporations have recently made significant appointments and promotions in the United States. At Acclaim Entertainment Inc. in New York, Bill Sorenson has been named chief financial officer, filling a vacant position. Meanwhile, Deborah Stewart Coleman has taken on the dual roles of chief executive, president, and chief operating
Transportation equipment industry
Gowrings, a UK-based mini-conglomerate operating Burger King franchises and Ford motor dealerships, reported a 39% rise in sales from its restaurant division in the first half of the year, driven by the opening of eight new Burger King outlets in Birmingham. The group's total Burger King franchises are
Transportation equipment industry
As the demand for sport utility vehicles (SUVs) shows signs of slowing down, three major auto makers - Ford, General Motors (G.M.), and Nissan - are introducing a new class of vehicles called sport utility pickups. These vehicles combine the passenger compartment of a four-door SUV with a short,
Transportation equipment industry
As the gaming industry gears up for the upcoming release of Sega's Dreamcast system, Sony and Nintendo are taking a defensive move by cutting the prices of their consoles to $99. This strategic pricing move aims to make it more accessible for consumers to buy a console, particularly
