Ford Canada begins preliminary contract talks with Canadian Auto WorkersSeptember 8th, 2009 Ford Canada begins talks with unionTORONTO — Ford Motor Co.'s Canadian division and the Canadian Auto Workers union began labor talks on Tuesday after the union made substantial concessions to both General Motors and Chrysler earlier this year. Ford asked the CAW to reopen its current labor contract, which doesn't expire until 2011.
Ford amends credit agreement to accomodate Department of Energy green-car loansJuly 28th, 2009 Ford takes step toward securing Energy Dept. loansNEW YORK — Ford Motor Co.
Alliant Techsystems unveils rocket motor to help send astronauts into orbitJuly 21st, 2009 ATK unveils rocket motor in N. UtahPROMONTORY, Utah — Alliant Techsystems Inc.
Ford says it will produce 4-cyclinder EcoBoost engine next year to deliver V6 feelJuly 21st, 2009 Ford to sell improved EcoBoost engineDEARBORN, Mich. — Ford Motor Co.
China boosts gasoline, diesel prices in year's 4th price change as global costs riseJune 30th, 2009 China raises gasoline, diesel pricesBEIJING — China boosted state-set gasoline and diesel prices Tuesday to reflect rising global crude costs. The retail price of gasoline rose by 8.6 percent and that of diesel by 9.6 percent, the country's planning agency announced.
UPS extends contract to deliver Ford Motor Co. vehicles from assembly plants to dealershipsJune 30th, 2009 UPS and Ford extend logistics contractATLANTA — UPS Inc., the world's largest shipping carrier, said Tuesday it has extended a contract to deliver new Ford Motor Co. vehicles from assembly plants to dealerships in the U.S., Canada and Mexico.
Cummins renegotiating deal to make light-duty diesel engines for ChryslerJune 19th, 2009 Cummins renegotiating new deal with ChryslerINDIANAPOLIS — Cummins is renegotiating a contract to make light-duty diesel engines for Chrysler. Chrysler had canceled the contract as part of its bankruptcy proceedings.
Ford CEO Mulally says debt swap, new shares likely as automaker works to show profit in 2011June 11th, 2009 Mulally says Ford may issue more stock to cut debtDEARBORN, Mich. — Ford Motor Co.
Mulally says Ford will make more moves to improve balance sheet as it works toward 2011 profitJune 11th, 2009 Mulally: Ford will take more action to reduce debtDEARBORN, Mich. — Ford Motor Co.
General Motors says it will exit medium-duty truck business because it can't find buyerJune 8th, 2009 GM says it will stop making medium-duty trucksDETROIT — After unsuccessfully trying to find a buyer for four years, General Motors Corp. is giving up on its medium-duty truck business, saying that it will wind down manufacturing by the end of July.
Maruti launches new hatchback RitzMay 15th, 2009 NEW DELHI - Indo-Japanese carmaker Maruti Suzuki Friday rolled out another hatchback Ritz from its stable, priced at between Rs.390,000 and Rs.480,000 for the petrol version. The diesel variant of the car will cost between Rs.465,000 and Rs.499,000 in the national capital, top officials of the company said here.
Swedish truck maker Volvo posts $500 million loss in 1Q on weak demand amid financial crisisApril 24th, 2009 Sweden's Volvo posts $500 million loss in 1QSTOCKHOLM — Swedish truck maker AB Volvo on Friday posted a worse-than-expected first-quarter net loss of 4.2 billion kronor ($500 million), citing a continued drop in demand in its markets, which it expects to continue to shrink due to the global financial turmoil. The loss was wider than analysts' expectations for a shortfall of around 3.5 billion kronor and compared with a net profit of 4.2 billion kronor a year earlier.
Emami Biotech to supply bio-diesel to Calcutta TramwaysFebruary 16th, 2009 KOLKATA - Emami Biotech Ltd, a part of the Rs.20-billion (Rs.2,000-crore) Emami Group, will supply 250 kilolitres of bio-diesel per month to Calcutta Tramways Co. (CTC), a top official said here Tuesday.
Jaguar unveils new diesel engine for upmarket XFJanuary 6th, 2009 LONDON - Tata-owned Jaguar has given the XF luxury saloon a more powerful diesel engine which is said to save fuel at the same time. The 3 litre, six-cylinder turbo diesel unit in the XF Diesel S replaces the current 2.7-litre unit, boosting performance by 33 percent.
CPI-M wants truck operators' demands to be metJanuary 6th, 2009 NEW DELHI - The Communist Party of India-Marxist (CPI-M) Wednesday urged the central government to further reduce the price of diesel and take other immediate steps to end the truck operators' strike, which the party said has 'disrupted transport of supplies'. The transporters are protesting the government reluctance so far to reduce the diesel price by 'at least Rs.10 a litre' - as the truckers want - against the Rs.2 a litre now, and steep road taxes.