Ford CEO takes lead to calm anxious drivers

Article Abstract:

Ford Motor CEO Jacques Nasser has opted to spend $5 million on public information advertisements to reassure anxious Ford Explorer owners who are driving on recalled Bridgestone/Firestone tires that have not yet been replaced. The public relations move was launched simultaneously with an announcement by the automaker that it would idle three plants for two weeks to make roughly 70,000 of the replacement tires available. Ford and Bridgestone/Firestone announced a recall of 6.5 million tires found almost entirely on Ford Explorers and Mountaineers on Aug 9, 2000.

Public affairs, Ford Motor Co.

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GM buries the Oldsmobile brand, cuts jobs

Article Abstract:

Michigan-based automaker General Motors Corp has announced the retirement of its venerable Oldsmobile brand, shutdown of a Luton, England-based factory and layoffs of roughly 13,700 workers around the world. Oldsmobile is the oldest automobile brand in the US. The division had been losing money and customers since the late 1980s. The job cuts will occur mostly by attrition and retirement, and will include 7,700 salaried and contract positions in North America and Europe.

Michigan, General Motors Corp.

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Top auto parts maker Delphi to cut 11,500 jobs

Article Abstract:

Delphi Automotive Systems, the world's largest manufacturer of auto parts, announced on Mar 29, 2001, that it will have to cut 11,5000 jobs in 2001. The company has already eliminated 7,000 jobs in Mexico through attrition over the past six months. The auto parts maker blamed the layoffs on slowing auto production in North America and Europe and a slowing consumer aftermarket.

Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automotive parts, Delphi Corp.

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