Archive for July, 2008

Media manager Kaline out at Ford

Thursday, July 31st, 2008

Mark Kaline, the high-profile global media manager of Ford Motor Co., left the automaker Monday, July 28, said two executives close to the matter.

Visteon pares down Q2 losses, shares rise

Wednesday, July 30th, 2008

Supplier Visteon Corp posted a narrower quarterly loss on Wednesday due to cost-cutting and robust overseas demand, sending its shares up 18 percent in morning trading.

GM dedicates Mexico complex that will build Aveo

Wednesday, July 30th, 2008

General Motors today dedicated its new $1.03 billion manufacturing complex here, as it begins assembling Chevrolet Aveo compact cars for Latin America.

Honeywell to sell turbochargers to Ford in U.S.

Wednesday, July 30th, 2008

Diversified U.S. manufacturer Honeywell International Inc. said on Wednesday it has been chosen to supply turbochargers for an upcoming class of gasoline engines being developed by Ford Motor Co., the No. 2 U.S. automaker.

Reports: GM to cut 15% of salaried workforce

Wednesday, July 30th, 2008

General Motors is refusing to confirm or deny reports that it will cut 15 percent of its salaried workers in the U.S. and Canada by Nov. 1. Two media organizations reported the move earlier today.