"It is possible to restructure the industry in Europe, but it will probably need fewer employees because there is excess capacity there," Ford chief financial officer Bob Shanks said. "The harder things are just beginning."
The Milwaukee-based manufacturer hopes global diversification and a focus on higher margin products will help it escape the effects of drought and add green to its bottom line.
There's a lot customers don't know about your products.
Social media offer a way to share.
Denso said the investment -- of which $750 million and 1,200 will go to U.S. operations -- comes as automakers are looking to their suppliers for help meeting tough new fuel economy standards and will allow Denso to expand its customer base.
Honda forecasts that sales of this "global compact series" will expand from about 500,000 today to 1.5 million for the fiscal year ending in March 2017. That will help Honda drastically increase sales from 4 million to 6 million vehicles...
Going public, an option pushed by the United Auto Workers union retiree health benefits fund, could complicate Fiat’s aim to boost Chrysler shareholdings.
Deal would allow Saint-Gobain to reduce debt
Ardagh Group gains scale and diversity
Deal expected to close in 2013
At least, when it comes to assigning a high-stakes research project.