Corporate scandals and corporate crimes are increasingly becoming rampant in business. It’s another thing that they do not hit headlines as that of Enron and WorldCom. However, the current prosecutions of people attached with corporate financial scandals surely indicate towards a crackdown on corporate crime. Almost all the corporations have grown so strong financially and [...]
Recently Ed Keller took efforts to contrast various brands with the most word of mouth in comparison with brands with net-positive (positive minus negative) word of mouth. The conclusion was made after surveying 3,600 participants. Toyota has topped the list with Wal-Mart staying at the second followed by Honda at the third. The entire brands [...]
There has been a steep decline in showroom vehicle sales as General Motors and DaimlerChrysler put brakes across auto sales across canada in July. According to the industry statistics released yesterday, the sales and leases of new cars and light trucks registered a spike of more than 13,000 units to 141,649 in July as compared [...]
The struggling Ford Motor Company has announced that its Q2 losses figure was a whopping $254 million, which is about twice the amount that it previously announced. The reason given for this huge mismatch of figures was ‘pension-related costs’. Not only this, more gloomy announcement followed when it said that the company expects to lose [...]
Ford has announced that it plans to restructure the company in a major way, which will make Ford a leaner company that will focus on small vehicles and a smaller position in the US motor market. The accelerated turnaround plan would include: a) Laying off one-third of its white-collar jobs b) Offering buyouts to 75,000 [...]
US carmaker Ford has admitted that it plans to borrow $18 billion to get back on its feet from its rapidly worsening financial condition. What’s more, Ford has also admitted that it was pawning its US plants as collateral for the latest loans. Ford said that it needed the money to help pay for the [...]
Alan Mullaly, the former Boeing executive and CEO of Ford Motor Company announced a shake of its top level management to significantly increase the number of executives reporting to him. The decision has been taken with a view to streamline vehicle development efforts and to bring the CEO closer to the most important and strategic [...]
Alan Mullaly, the former Boeing executive and CEO of Ford Motor Company announced a shake of its top level management to significantly increase the number of executives reporting to him. The decision has been taken with a view to streamline vehicle development efforts and to bring the CEO closer to the most important and strategic [...]
The top three US carmakers have continued to struggle to match their Asian rivals in terms of car sales. They are severely loosing grounds against their Asian competitors. The leading carmakers Ford, General Motors and Chrysler have suffered a major setback experiencing a drastic drop in car sales in the year 2006. Ford sales dropped [...]
The top three US carmakers have continued to struggle to match their Asian rivals in terms of car sales. They are severely loosing grounds against their Asian competitors. The leading carmakers Ford, General Motors and Chrysler have suffered a major setback experiencing a drastic drop in car sales in the year 2006. Ford sales dropped [...]
