Word: motorization
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...American people made Ford Motor Company what it is. We have nothing the public did not give us. No surplus exists for personal benefit - every surplus is provided for future use. The future is here, and we are going to do our utmost - risk everything, if necessary - to use this surplus which the public, through its dealings with us, has provided, to see if we cannot make what the country needs most - work, jobs." - Henry Ford...
With sales tumbling to levels last seen back in the 1950s, General Motor Corp., Ford Motor Co. and Chrysler LCC updated plans for restructuring and justifying requests for billions in federal...
After all, while GM was down 41.3% for the month, Ford Motor, Toyota and Honda - healthier companies all - also reported U.S. sales drops of 30% or more. (Read "Why the Big Three Should Fly Corporate Jets...
...United Auto Workers has scrapped the jobs bank and is looking to modify other aspects of its existing labor agreements with General Motor Corp, Ford Motor Co. and Chrysler as part of the effort to secure federal aid for the three automakers...
...assume GM must be saved in its present form? Why not merge it with another automaker? Toyota comes to mind. The two companies already jointly operate the NUMMI (New United Motor Manufacturing, Inc) facility in California, where both GM and Toyota autos are produced. Why not take that joint venture further? Stephen V. Gilmore, Charlotte, North Carolina...