Ford is aiming to slash costs at Europe unit

Article Abstract:

Ford Motor Co. is planning to reduce its costs at its disappointing operations in Europe. Ford president Jacques Nasser stated that the car maker's results in Europe were unacceptable.

Europe, Strategy & planning, Financial management

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Arvin Industries, Meritor Automotive agree to merge

Article Abstract:

Meritor Automotive Inc. will merge with Arvin Industries Inc. in a deal worth $7.5 billion (7.9 billion euros). The deal will create a company with $1.6 billion in market capitalization and sales.

Acquisitions & mergers, Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automobile equipment and supplies industry, Automotive parts industry, Mergers, acquisitions and divestments, Automotive parts, Arvin Industries Inc., Meritor Automotive Inc., ARV, MRA

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Ford prepares a sweeping restructuring

Article Abstract:

Ford Motor Co. is planning a comprehensive restructuring of its global operations. The planned restructuring is yet another sign of the deterioration in the long-term future of US car makers.

Organizational history, Motor Vehicles and Equipment, F

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