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Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.
Ford truck-design boss leaves for job outside the industry
Mon, 21 Dec 2009Pat Schiavone, Ford Motor Co.'s truck design chief, is leaving the company for a job outside the industry. Ford spokeswoman Marcey Evans on Monday confirmed Schiavone's resignation, effective Jan. 4.
Changes at Nissan Design
Fri, 12 Mar 2010Nissan yesterday announced a series of changes within its higher-level design structure - with VPs responsible for design in Europe and America effectively swapping roles. Alfonso Albaisa, who became VP of Design at Nissan Design Europe's London-based studio in 2007, will be going back to Nissan Design America's San Diego studio as VP of Design. It marks a return to the West Coast for Albaisa, who originally joined Nissan in 1988.