Ford Motor will cut as many as 550 jobs in the UK as part of a revamp announced in January of its money-losing European business, according to a person familiar with the matter.
Ford Motor will cut as many as 550 jobs in the UK as part of a revamp announced in January of its money-losing European business, according to a person familiar with the matter.
General Motors is investing $888 million at a New York propulsion plant to increase engine production, the company said on May 27.