January 11, 2010
The driver of a vehicle involved in a New Year’s Day crash has been arrested.
Denton, Texas (WiredPRNews.com) – A 19 year-old driver of a car involved in an accident in Denton on New Year’s Day has been arrested in connection with the incident. As reported by the Star-Telegram, Francisco Moreira is facing aggravated assault and […]
June 28, 2009
Ford Motor Company will not be required to pay the full legal costs of an asbestos victim.
Mesothelioma Cancer News (Australia) – Ford Motor Company has been excused from having to pay the full legal costs of an asbestos victim who previously worked for the company. As reported by The Age, the West Australian Court of […]
April 25, 2009
The auto giant may be saved from requiring a federal bailout for survival.
Wired PR News – Ford Motor Co. may have found its saving grace in its restructuring efforts. As reported by the Associated Press (AP), the company’s earnings and new products may help it steer clear of intervention from the government.
Aaron Bragman with IHS […]
December 20, 2008
Bush gives automakers short-term assistance, while many foresee turning to the Obama Administration for long-term help.
Wired PR News.com – Bush recently announced that he would give troubled carmakers $17.4 billion in emergency loans topping the $14 billion assistance package bill killed in Congress days prior. As reported by the Associated Press (AP), the President stated […]
December 20, 2008
Canadian governments agree to give Canadian subsidiaries of the Detroit Big Three $3.29 Billion.
Wired PR News.com – Subsequent to President George Bush’s announcement on Friday of his decision to provide the auto industry with $17.4 billion in rescue loans, Canadian governments have stepped in to provide bailout assistance for automakers as well. As reported by […]
December 4, 2008
In a large majority vote on Wednesday, United Auto Workers (UAW) leaders decided on making concessions to the struggling automakers Chrysler, Ford, and General Motors.
Wired PR News.com – As reported by the Associated Press (AP), the UAW agreed on granting concessions for everything except ending a program that allowed employees who had been laid off […]
December 3, 2008
Is their substance to this offer? As The Detroit Big Three automakers gear up to present their sustainability plans to Congress this week, Ford CEO Alan Mulally announces his willingness to resort to drastic measures in order to receive bailout funds for his company. As reported by the Associated Press (AP), Mulally stated he would […]
December 2, 2008
Wired PR News.com – The auto industry sales report set to be released on Tuesday has some carmakers bracing for anticipated dramatically low numbers. The National Bureau of Economic Research made official what many had already suspected by stating on Monday that the country had been in a recession for nearly a year. As reported […]
May 17, 2008
Louisville, Kentucky (WiredPRNews.com) — Ford’s trucks have always been known for large towing capacity, impressive road presence and overall safety. But according to a posting on the National Highway Traffic Safety Administration’s website on Wednesday, Ford Motor Company is issuing a recall of 655,000 Ford F-150 and Lincoln Mark LT pickup trucks for a serious […]
