Ford will cut white-collar staff
DETROIT - Ford will cut 5,000 to 10,000 white-collar workers worldwide, said Steve Girsky, auto analyst with Morgan Stanley in New York. Ford announced that it will offer incentives to US salaried workers who take voluntary buyouts by the end of the year.
Ford has 120,000 white-collar workers worldwide, including 53,305 in the USA.
GM pickup No. 1
DETROIT - North America's most-produced vehicle platform in the first half was the GM C/K pickup truck platform. GM made 550,584 units, up 5.4 percent from the first half of 1997.
The C/K platform is used by big pickups and a range of sport-utilities, such as the Chevrolet Tahoe and Suburban.
The previous leader was the Ford F-series pickup platform.
WASHINGTON - The Environmental Protection Agency has proposed a streamlined emissions certification program that it predicts will save vehicle manufacturers some $55 million a year and get new cars and light trucks to market faster.
Under the EPA proposal, about 2,000 vehicles that had been in use for one to four years would be tested each year by manufacturers. They would turn results over to the agency. Manufacturers would randomly select vehicles for testing.
Now, the EPA checks about 100 to 200 vehicles a year.
Lincoln moves to California
LOS ANGELES - Ford's Lincoln Mercury division has moved to Irvine Spectrum, a corporate center south of Los Angeles. Mark Hutchins, 53, was promoted from divisional general manager to president of Lincoln Mercury.
'We'll be like Ford of Canada, pretty independent,' he said.