Ford's salaried job cuts are aimed at improving the automaker’s efficiency and are not related to rising costs from the coronavirus pandemic, Bloomberg reported. An announcement could come as early as this week, people familiar with the matter said.
https://www.autonews.com/executives/ford-cut-1000-na-salaried-jobs-amid-overhaul-report-says http://ifttt.com/images/no_image_card.png
Ford's salaried job cuts are aimed at improving the automaker’s efficiency and are not related to rising costs from the coronavirus pandemic, Bloomberg reported. An announcement could come as early as this week, people familiar with the matter said.
https://www.autonews.com/executives/ford-cut-1000-na-salaried-jobs-amid-overhaul-report-says
The automaker, which had been producing the devices in conjunction with General Electric, shipped its final unit on Friday to help fight the coronavirus pandemic.
https://www.autonews.com/manufacturing/ford-ends-us-ventilator-production-after-making-50000-units
Longtime executive Bill Fay, who is retiring after 38 years, says strong dealer relations have allowed Toyota and Lexus to recover from disasters more quickly.
https://www.autonews.com/executives/world-totally-different-fay-retires-toyota http://ifttt.com/images/no_image_card.png
As its rivals pour billions into battery plants, Ford is content to supply its EVs through more traditional means.
https://www.autonews.com/manufacturing/no-advantage-having-battery-plant-ford-says
U.S. Attorney Matthew Schneider says he thinks the UAW is "trying hard" to reform itself from within and that he's hopeful new policies could be put in place before 2021.
https://www.autonews.com/executives/us-attorney-no-pressure-white-house-ags-office-speed-uaw-probe http://ifttt.com/images/no_image_card.png
Ford Canada is closing its massive parts distribution center in Bramalea and replacing it with two new facilities in eastern and western Ontario "to improve customer satisfaction and expedite parts delivery time to dealers," the company said.
https://www.autonews.com/automakers-suppliers/ford-replacing-huge-ontario-distribution-center-two-new-ones
U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, were arrested in May at Japan's request, after being accused of smuggling the former Nissan chairman out of Japan so he could escape to Lebanon.
https://www.autonews.com/executives/ghosns-accused-escape-plotters-face-judges-skepticism-extradition-fight http://ifttt.com/images/no_image_card.png
U.S. Army Special Forces veteran Michael Taylor and his son, Peter Taylor, have been held without bail since their arrests May after being accused of smuggling former Nissan Chairman Carlos Ghosn out of Japan in December.
https://www.autonews.com/executives/men-accused-helping-ghosn-escape-face-extradition-hearing http://ifttt.com/images/no_image_card.png
Former UAW President Dennis Williams was charged in a criminal information, which means he's likely to plead guilty. He faces a maximum of five years in prison and a fine of up to $250,000.
https://www.autonews.com/executives/ex-uaw-chief-williams-charged-corruption-probe http://ifttt.com/images/no_image_card.png
Nick Kalayjian replaces Mark Vinnels, who until this week had been Rivian’s executive director of engineering, Bloomberg reported.
https://www.autonews.com/executives/rivian-hires-ex-tesla-exec-top-engineer-report-says http://ifttt.com/images/no_image_card.png
Ford, Bosch and real estate company Bedrock are testing connected Ford Escape crossovers that can self-park inside Bedrock's Assembly Garage in Detroit.
https://www.autonews.com/mobility-report/ford-bosch-partner-automated-valet-parking-detroits-corktown
The U.S. Health and Human Services department said it has received more than 69,000 ventilators assembled by the automakers and their partners. Many of the devices have gone into a U.S. government stockpile.
https://www.autonews.com/manufacturing/gm-ford-ventilator-projects-close-their-finish-lines
Ford is constructing a new operation next to its Dearborn, Mich., truck plant to build an electric version of the F-150, people familiar with the project told Bloomberg.
https://www.autonews.com/future-product/ford-gearing-f-150-plant-overhauls
Mitec's former owner, Michael Militzer, said the dispute had "cost Mitec its existence" and the settlement was too little, too late.
https://www.autonews.com/suppliers/ford-said-pay-german-supplier-mitec-12m-end-legal-dispute
Ford took a shot at Jeep with the Bronco in July. Ram has responded by leapfrogging the F-150 Raptor with the 702-hp TRX, expected in dealerships by the end of the year. An even-more powerful Raptor is reportedly in the works.
https://www.autonews.com/sales/ram-battles-ford-raptor-702-hp-trx-pickup
Analysts say the move will help keep it competitive with newer entrants like the Kia Telluride and Hyundai Palisade.
https://www.autonews.com/sales/ford-cuts-explorer-prices-year-after-bumpy-launch
Drew Slaven, Mercedes-Benz USA vice president of marketing, will be the CEO on an interim basis, the company said. Nicholas Speeks is not expected to return as CEO, said a person familiar with the matter.
https://www.autonews.com/executives/mercedes-us-chief-speeks-leave-absence http://ifttt.com/images/no_image_card.png
Hans Dieter Poetsch agreed to pay $1.8 million to end the case, a spokeswoman for Stuttgart prosecutors said. Investigators also ended the probe against former VW CEO Matthias Mueller, who didn’t have to pay a fine.
https://www.autonews.com/executives/vw-chairman-settles-market-manipulation-case-germany http://ifttt.com/images/no_image_card.png
Fred DePerez, a 25-year industry veteran most recently at Nissan, is tasked with helping the automaker improve decision making and react faster to changing market trends.
https://www.autonews.com/executives/hyundai-motor-america-names-vp-new-product-line-sales-division http://ifttt.com/images/no_image_card.png
Gardner, a key engineer on the 1980s team that developed the industry's first minivan and who later led large car development, also was the first chairman of Diamond-Star Motors, the manufacturing joint venture formed by Chrysler and Mitsubishi Motors.
https://www.autonews.com/executives/glenn-gardner-engineer-who-overhauled-chrysler-product-development-dies-84 http://ifttt.com/images/no_image_card.png
Depending on trims, the 2021 model year crossover will be up to $3,700 cheaper than the 2020 model, according to a price list reported by blog Ford Authority.
https://www.autonews.com/automakers-suppliers/ford-cuts-prices-segment-leading-2021-explorer
The agreements with companies including Ford, Volkswagen, Honda and BMW were first announced in July 2019 as voluntary measures, prompting anger from President Donald Trump. GM, FCA and Toyota did not join the California deal.
https://www.autonews.com/regulation-safety/calif-locks-vehicle-emission-deals-some-automakers
Longtime Toyota Motor North America executive Bill Fay will retire Sept. 1 after 38 years. He will be succeeded by Jack Hollis as senior vice president of automotive operations, with current Lexus head David Christ taking over Toyota and Andrew Gilleland taking over Lexus.
https://www.autonews.com/executives/veteran-toyota-exec-bill-fay-retire-jack-hollis-david-christ-promoted http://ifttt.com/images/no_image_card.png
The TRX, a direct rival to Ford's F-150 Raptor, has a reengineered frame and a wider stance than the standard Ram. It is expected to arrive in stores by the end of the year. Dealers can start ordering the TRX on Tuesday.
https://www.autonews.com/cars-concepts/ram-unleashes-702-hp-1500-trx
Segment leader Ford and other police vehicle manufacturers including FCA and GM compete for contracts that have provided stable profits and image-related benefits. Now law enforcement budgets are under strain as municipal finances are hit by the coronavirus pandemic and as and activists seek to reallocate public money to other agencies.
https://www.autonews.com/sales/budget-pressured-police-departments-may-trim-suv-purchases
Production of the remaining car in Ford's U.S. portfolio is scheduled to begin in late 2022.
https://www.autonews.com/cars-concepts/next-gen-mustang-gets-8-year-life-cycle
Production of the remaining car in Ford's U.S. portfolio is scheduled to begin in late 2022.
https://www.autonews.com/manufacturing/next-gen-mustang-gets-8-year-life-cycle
GM CFO Dhivya Suryadevara's move to Stripe, an online payment processor that has become one of the world's most valuable startups, is a hit to the automaker but validates the industry's growing bench of coveted talent.
https://www.autonews.com/executives/gm-cfos-exit-latest-detroit-vs-silicon-valley-tug-war-talent http://ifttt.com/images/no_image_card.png
The bankrupt rental car operator said Jackson, who also stepped down from his post as executive vice president, would remain at the company until Sept. 11 to help with a transition and would forfeit a retention bonus.
https://www.autonews.com/executives/hertz-cfo-jamere-jackson-resigns http://ifttt.com/images/no_image_card.png
The retired president has not been charged with a crime but reportedly has been implicated in a yearslong corruption probe. This year, he returned more than $50,000 in travel expenses the union deemed "not appropriate."
https://www.autonews.com/executives/uaw-stop-paying-ex-president-dennis-williams-legal-fees http://ifttt.com/images/no_image_card.png
The automaker is donating 1.5 million masks toward a wider effort to provide 4 million of the face coverings to low-income communities, senior centers, schools and homeless shelters across the state.
https://www.autonews.com/automakers-suppliers/ford-teams-mich-fema-distribute-free-face-masks
Ford is rounding out its portfolio of exports to Europe from the U.S. as the euro reaches historic highs against the dollar.
https://www.autonews.com/automakers-suppliers/ford-seizes-euro-rally-explorer-mustang-exports
