Ford restructures in Europe, cuts 5,700 jobs

Michigan Radio Newsroom — Thu, 25 Oct 2012 20:28:43 +0000

Ford is cutting 5,700 jobs in the U.K. and Belgium as it tries to return to profitability in Europe.

The company is expecting annual losses of over $1.5 billion in Europe.

Alisa Priddle of the Detroit Free Press has more:

The actions will cut capacity by 18% or 355,000 vehicles a year which should result in annual savings of $450 million to $500 million, the company said today.

Is the world ready for Pure Michigan?

Steve Carmody — Sun, 13 May 2012 20:01:01 +0000

The Obama Administration wants to step up efforts to promote the U.S. as an international tourism destination. That’s welcome news to the folks who run the “Pure Michigan” campaign.

Michigan tourism officials know people from foreign countries come here to vacation, but they don’t know how many, and that’s important to know when they’re planning how to spend the “Pure Michigan” campaign’s $25 million advertising budget.

This year, only about one percent, or about $250,000, is being spent to promote Michigan as a tourism destination in Europe, mainly in England and Germany. Nothing is being spent in Asia.

George Zimmerman oversees the “Pure Michigan” campaign for the Michigan Economic Development Corporation. He says the Obama Administration’s tourism strategy includes determining where foreign visitors want to go.

“For about half the states, including Michigan, there just isn’t enough sample size to really have good data. So, that’s been a challenge for us, says Zimmerman.

Right now, the “Pure Michigan” campaign is focusing on regional promotions with some national ads, and “a modest effort” in Canada.

europe

Ford restructures in Europe, cuts 5,700 jobs

Is the world ready for Pure Michigan?