Webster City, located in the heart of Iowa, will be soon be quietly rolling out electric cars, as many as 2,500 of them a week, reports The Des Moines Register. Ames-based Envision Motor Company has plans to open a new facility in Webster, creating some 300 jobs. This is welcome news for a town that [...]
Continue reading...Monday, June 1, 2009
General Motors declared bankruptcy today, and will cut 7,900 jobs. GM will cut its salaried workforce in North America from 35,100 to 27,200. It will also reduce benefits for salaried retirees and non-union hourly retirees. General Motors Corporation is a global automaker founded in 1908, with headquarters in Detroit, Michigan. It is the world’s second-largest automaker after [...]
Continue reading...Friday, March 6, 2009
JM Family Enterprises, one of the nation’s largest Toyota distributors, will cut 500 jobs, or 11% of its work force. The Deerfield Beach, Florida company, which also operates one of the nation’s largest Lexus dealerships, said the cuts include 110 workers in Florida and Georgia that were offered buyout packages last month. Some of the affected workers [...]
Continue reading...Monday, January 26, 2009
General Motors plans to eliminate shifts in Q2 at plants in Ohio and Michigan, shedding about 2,000 jobs. It will also cut production at 13 other US and Canadian plants. The Detroit automaker already closed most of its 22 plants in North America this month because of slow sales. By paring manufacturing, eliminating brands and negotiating costs [...]
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Monday, July 26, 2010
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