DETROIT—Harold “Red” Poling, Ford Motor Co.’s CEO in the early 1990s, has died. He was widely credited with imposing a tough restructuring program that turned around Ford’s money-losing North American automotive operations in the early 1980s.
DETROIT—About 1,700 Ford factory workers have decided to take early retirement offers and will leave the company by June 1. The automaker will bring back about 250 laid-off employees and hire some replacements at lower wages.
The seats in the new electric Ford Focus will be made from Repreve, a blend of postindustrial fiber waste and postconsumer waste, such as the plastic water bottles made of polyethylene terephthalate (PET).
There were 45 operations involved in producing a Model T chassis on the first moving assembly line, which debuted at Ford’s Highland Park, MI, plant in early 1914.