motor
Chided by Trump, Ford scraps Mexico factory, adds Michigan jobs
January 4, 2017 by admin · Leave a Comment
By Bernie Woodall and David Shepardson FLAT ROCK, Mich./WASHINGTON (Reuters) – Ford Motor Co on Tuesday scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the U.S. president-elect turned his attention toward rival General Motors Co with the threat of a “big border tax” over compact cars made in Mexico. Ford CEO Mark Fields called the move “a vote of confidence” in Trump, but primarily a response to a decline in North…
Read more here:
Chided by Trump, Ford scraps Mexico factory, adds Michigan jobs
motor
Japan car makers shuffle output, boost imports to meet U.S. SUV demand
November 11, 2016 by admin · Leave a Comment
By Naomi Tajitsu and Maki Shiraki TOKYO/MARYSVILLE (Reuters) – Japan's top automakers are shuffling their U.S. product portfolios and resorting to larger imports of popular models there as they scramble to meet booming demand for gas-guzzling SUVs and trucks in the world's No. 2 auto market. Honda Motor Co , Japan's third-largest automaker, said it will begin producing from early …
See original here:
Japan car makers shuffle output, boost imports to meet U.S. SUV demand
motor
Novartis executive exodus complicates drugmaker’s rebuilding job
May 23, 2016 by creative · Leave a Comment
By John Miller ZURICH (Reuters) – With seven departures in the space of five months, Novartis's top management is in upheaval just as CEO Joe Jimenez tries to tackle a list of challenges that have seen the drug firm's share price fall 25 percent since July. The most dramatic exit came last week, when head of pharmaceuticals David Epstein quit as his division was broken in two. By splitting oncology into a department of its own, Novartis aims to make the most of…
Read the rest here:
Novartis executive exodus complicates drugmaker’s rebuilding job
motor
Ford seeks partnerships as it looks beyond car-making
May 23, 2016 by elegant · Leave a Comment
By Joseph White DETROIT (Reuters) – Ford Motor Co Chairman Bill Ford said on Monday the automaker would look for more partnerships with other companies as it moves to expand beyond manufacturing and selling cars and trucks. “You’ll see a lot of partnerships, a lot more than you…
Original post:
Ford seeks partnerships as it looks beyond car-making