Finance Minister Shrugs Off Calls To Weaken Yen

TOKYO --Japan's finance minister brushed aside calls Tuesday from a group of over 100 lawmakers for the government to take steps to push down the value of the yen as part of an effort to tackle deflation.

USA Today - Voice controls in the car keep eyes on the road

A Virginia Tech Transportation Institute study, commissioned by Ford Motor, has found that drivers using voice controls for electronics took their eyes off the road far less than drivers who fiddled with music players and cellphones

New GM Investments and Job Creation

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\t\tSince launching the new GM last July, we've announced U.S. production increases and investments that total more than $1.4 billion and create more than 5,500 jobs.

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  • \t\t\tChevrolet Cruze program represents a $500 million investment in U.S. manufacturing operations, which includes more than $350 million to re-tool the Lordstown facility.

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  • \t\t\tWe announced a second shift at Lordstown last August that restored just over 1,000 jobs.

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  • \t\t\tLast September, we announced third shifts for our Lansing Delta Township, Fort Wayne, and Fairfax, Kansas assembly plants – adding another 2,400 jobs. The third shift at Fairfax started late last month; the third shifts at Lansing Delta Township and Fort Wayne will begin in the second quarter.

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  • \t\t\tIn December, we detailed our $700 million investment in eight Michigan-area facilities related to production of the Chevy Volt.

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  • \t\t\tLast month, our Arlington, Texas, plant added overtime in order to increase production.

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  • \t\t\tAlso last month, we announced a $246 million investment to develop and manufacture electric motors in White Marsh, Maryland, which will create about 200 jobs. Research and engineering facilities in Michigan, Indiana, and California are also receiving investments.

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  • \t\t\tAnd just last week, we announced an investment of nearly $500 million in three powertrain plants – Tonawanda, NY; Defiance, OH; and Bay City, MI – for production of the next-generation Ecotec engine that we’ll use in the Cruze – about 550 jobs between the three plants.

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\t\tThese actions affect 7 states and 18 different U.S. facilities, and represent a commitment to our future, to the communities that support us, and to the United States.

 

Ford Invests $450 Million More in Electric Vehicles

Ford will invest another $450 million in Michigan as part of the company’s aggressive electric vehicle plan. Engineering, production and launch of new electrified vehicles, battery systems and hybrid transaxles will create up to 1,000 new jobs in Michigan.

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