Category Archives: people

Dieselgate – Audi Fines of ~$1 Billion hit Porsche Guidance. Porsche is Economical with the Truth on Ongoing Risks.

Porsche rules out however a spin off ala Ferrari that could value and independent company at more than $80 billion. The remaining outstanding fraud case from the noxious diesel emissions scandal is remains ongoing in Stuttgart, where state prosecutors are investigating the role Volkswagen’s sports car brand Porsche played in the sordid diesel affair. Continue reading

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Elena Ford Named Chief Customer Experience Officer. John Savona to Head Ford North America Manufacturing

In this role, Elena Ford, 52, will report to Joe Hinrichs, Ford president, Global Operations. The realignment of customer experience under Global Operations will allow Elena Ford, 52, to work with Ford Customer Service Division and the Quality organization “to connect the design and implementation of a world-class customer experience system that connects the interactions between Ford and its customers around the world. In her role, she will continue to be closely integrated with the Sales and Marketing organization and global dealer network.” Continue reading

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Beware of Self Interest in Mobility Promotion says NADA

“I get it. You can’t go to an automotive or a tech conference these days without hearing about the end of personal vehicle ownership,” he said. “But I’m asking you: Question the hype, ask for proof, and find out what they’re not telling you. The future will work itself out regardless. I just want us to be informed in the meantime.” Continue reading

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Jami Miscik Appointed to GM Board of Directors

“Jami is a seasoned leader with experience in assessing the geopolitical and macroeconomic climate,” said GM Chairman and CEO Mary Barra. Continue reading

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McLaren 570S Spider to £725,000 bid at Elton John Argento Ball

The convertible was hand-finished in metallic ‘Blade Silver’ to honor the 25th anniversary of the charity foundation. Funds raised at the Argento Ball, which took place at Elton John’s Berkshire home in the UK in June 2018, are helping to provide many young people with information about HIV, the means to test themselves and access to medical care, if required. Continue reading

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World’s First Female Formula 1 World Champion?

The last woman to start a Formula 1 Grand Prix was Lella Lombardi more than 40 years ago. There has never been a female Formula 1 Grand Prix race winner. Gimmicky or not – and this could work at least as a business – racing remains one of the last sports heavily dominated by men, not only behind the wheel but everywhere you look: in the pit-lane, garage, workshop and laboratory. W Series aims not only to promote female drivers but also to encourage “girls and women” into engineering and science careers and to promote STEM (science, technology, engineering and mathematics) subjects in schools, colleges and universities. Continue reading

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NAFTA Lite – US-Mexico-Canada Agreement Hurts US Workers

Roughly 30% of the 2.33 million vehicles imported to the U.S. from Mexico in 2017 don’t meet the current 62.5% content requirement. Continue reading

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Bye J Walter Thompson as Ford Sacks Global Marketing, Adds New Creative Agency and More In-House Workers

Ford also is creating more than 100 new in-house marketing positions tied to brand design, media tools and partnerships, and digital labs. Ford claims this new global marketing approach – is expected to yield $150 million in efficiencies annually. This only part of a series of actions that Ford’s in taking to become more profitable. More white-collar job cuts will assuredly follow. Continue reading

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Surprise! Bodo Uebber To Leave Daimler Board as Purge Continues

Like all automakers, Daimler is facing the unknown future of mobility, autonomous vehicles and the internet of things. Its problems are complicated by currency valuations and a vulnerable international supply and manufacturing footprint fraught with political issues starting in Germany, and competitors, of course. Continue reading

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Gimme Shelter: U.S. Home Affordability Lowest In 10 Years

Nationwide, the Q3 2018 home affordability index of 92 was down from an index of 95 in the previous quarter and an index of 102 in Q3 2017 to the lowest level since Q3 2008, when the index was 87. This could portend trouble for the Detroit Three automakers which rely on the sales of trucks, some of which are used to build and haul things instead of the fashion accessories they have become for many purchasers. Continue reading

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Workers Fired by Goodyear Mexico Continue Fighting

The global union IndustriALL is helping fight Goodyear’s callous actions that are reminiscent of Corporate America’s tactics a century ago. The new Trump mini Trade Agreement – NAFTA Light – apparently does not protect union workers, a shop-worn Republican move. Mexico’s freshly elected federal authorities have stated that they will ensure that workers can freely elect their representatives, which will result in employer protection contracts being phased out. Continue reading

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Amazon Raises Minimum Wage to $15 for All U.S. Employees

More than 250,000 Amazon employees, as well as more than 100,000 seasonal holiday employees, and their families will benefit from the new, higher pay. Amazon’s public policy team will also begin advocating for an increase in the federal minimum wage so that it remains competitive at the bottom of the labor market. Continue reading

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50 Years of Jaguar XJ at Paris Motor Show

“The Jaguar XJ story is one of design, desirability and performance and over the past 50 years it has become a true giant in the automotive world” Continue reading

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Trump’s International Ratings Remain Laughably Low

As the second anniversary of U.S. President Donald Trump’s election approaches, a new 25-nation Pew Research Center survey finds that Trump’s international image remains poor, while ratings for the United States are much lower than during Barack Obama’s presidency. Continue reading

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Milestones: Rouge at 100 Years

By the 1930s, more than 100,000 workers punched in every day. Today, Ford employs approximately 201,000 people worldwide. Continue reading

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