GM and Ford lose more share in Europe market

Article Abstract:

Both General Motors Corp. and Ford Motor Co. of the United States are continuing to lose sales in the European passenger automobile market. General Motors Corp. market share in Europe fell to 10.6 percent in the past ten months and third quarter net loss was $1.6 billion. Ford Motor Co. market share in Europe fell to 10.8 percent in the last ten months and net loss for the third quarter was $284 million.

Europe

---

Ford will shed 28% of workers in North America

Article Abstract:

Ford Motor Corp. of the United States is restructuring, shedding 28 percent of the North American workforce or greater than 60,000 jobs. The automobile company plans to close 14 factories and seven assembly plants in North America. Ford Motor Co. has announced a $1.55 billion loss in revenue at its North American operations for 2005.

Organizational history, Personnel administration, North America, Human resource management, Company restructuring/company reorganization, Reorganization and restructuring, Company personnel management, Company organization

---

S&P cuts rating on GM and Ford to junk status

Article Abstract:

General Motors Corp. and Ford Motor Co. of the United States have both had their credit ratings cut by Standard & Poor's Corp. The downgrading came because of doubts about business strategy, particularly the heavy reliance on promotion of sport-utility vehicles, sales of which are falling.

Rankings

Similar abstracts:

• Abstracts: China allows banks into U.K. market. Banks fear over-regulation as a threat to profitability. Barclays seeks Indian expansion with added corporate banking
• Abstracts: Flexibility and rigidity in customization and build-to-order production. Complexity of flow shop scheduling problems with transportation constraints
• Abstracts: Fabuloso Ammorbidente Profumante. Pronto Plumero Dust Cleaner
• Abstracts: Multivariate statistics in industrial marketing management: A practitioner tool kit. Mapping network champion behavior in B2B electronic venturing
• Abstracts: Sealord Salmon Sensations Canned Salmon. Sealord Lite Tuna In Springwater

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.