Sunday, March 27, 2005

Newspaper: Ford to inject $935M into Jaguar

SAN FRANCISCO March 27, 2005; Ford Motor Co. is preparing to inject 500 million pounds ($935 million) into Jaguar, the loss-making luxury car maker it acquired in 1989, the Sunday Times of London reported. Jaguar, maker of the XK, XJ, S-Type and X-Type, lost 601 million pounds ($1.1 billion) in 2003 amid spending on pr ... Continue reading

Mitsubishi Fuso to conduct checkups on new, repaired trucks

TOKYO March 26, 2005; Japan Today reported that Mitsubishi Fuso Truck & Bus Corp. said Friday it will conduct emergency checkups on about 8,000 of its brandnew and repaired large trucks due to possible defects in the suspension that may cause fires. The company said it is planning the emergency checkups because it has ... Continue reading