The last year has been a difficult one for Nissan and Motoring Weekly has written about the arrest of its CEO, Carlos Ghosn, who also controlled Renault and Mitsubishi in an alliance. Nissan were always unhappy that they were the money-makers whilst Renault (and through their ownership, the French Government) controlled all decisions. Speculation was rife that Ghosn was removed … [Read more...]
Ford Reduces European Workforce
Last month Ford announced the closure of an engine plant in South Wales as part of a drive to close unprofitable operations. 2,000 workers will be affected and they built an EcoBoost motor for the company. It is one of the largest employers in the small town of Bridgend and its closure will affect the town quite badly. Ford had invested over £300m in the plant over the last … [Read more...]
Ford Production in Russia
At Motoring Weekly, we have been reporting on the growing reduction in production capacity across the globe over the past year. Despite some good news in a handful of countries, it seems that most established manufacturing centres are at risk in some form. Recently we reported that Ford was adding 500 jobs in the heartland, upgrading factories and adding new production lines … [Read more...]