The News Review:
- China announces measures to curb auto sector capacity
- Ford Auto Workers Weigh Buyout ptions
- Report: Ford Toyota chiefs held talks – Autos- msnbc.com
China announces measures to curb auto sector capacity
Forbes – Dec 26, 2006
The country’s top economic planner said in a circular dated Dec 20 that China’s total automaking capacity will increase to 10 mln units next year from eight mln in 2005 with utilization only at 71. 5 pct in 2005 for the overall industry and 72. 5 pct for the passenger vehicle sector. ‘The auto industry’s technology and product upgrade process is slow.
Ford Auto Workers Weigh Buyout ptions
Washington Post – Dec 26, 2006
Her $27 an hour salary on its way out she’s moved from a $1200-a month apartment in suburban Southfield to a $700 apartment in Detroit. She has no home phone no cable she’s stopped shopping for everything but necessities she no longer eats at restaurants and she’s bartending nights.
Report: Ford Toyota chiefs held talks – Autos- msnbc.com
MSNBC – Dec 26, 2006
met with the chairman of Toyota Motor Corp. as the first step in potential partnership negotiations the Japanese business daily Nihon Keizai Shimbun said Tuesday. The newspaper reported in its online edition that Ford CE Alan Mulally and Toyota?s Chairman Fujio Cho met last week. The meeting was also attended by Ford Executive Vice President Mark Fields who is in charge of restructuring the automaker?s loss-making North American operations the newspaper said.