Ford Cuts 10,000 Salaried Jobs, Delays Profit Target (Update3) (Auto parts)

Ford Cuts 10,000 Salaried Jobs, Delays Profit Target (Update3)
Sept. 15 (Bloomberg) -- Ford Motor Co., responding to a $1.44 billion first-half loss, said it will shed an additional 10,000 salaried jobs in North America and delayed its target date for returning to profit in the region by a year.

Can Ford stock find its way again?
Years from now, Ford will probably look back on 2006 just as fondly as it does on its failed Edsel.

EU, Canada to bring WTO case against China
WASHINGTON, Sept 14 (Reuters) - The United States, the European Union and Canada are expected to ask the World Trade Organisation today (Sept 15, 2006) to decide whether China is restricting imports of foreign auto parts in violation of international rules, U.S. and EU officials said yesterday.

US, EU, China in Parts Dispute
The United States, the European Union and Canada will file complaints later Friday with the World Trade Organization over China's tariffs for the import of foreign auto parts, U.S. and EU officials said.

Wilbur Ross to Buy Mitsuboshi, BST for $305 Million (Update4)
Sept. 12 (Bloomberg) -- U.S. billionaire investor Wilbur Ross agreed to buy two auto-parts makers for $305 million to add sales in Asia and Europe at his global auto-components company.

Upgrading Vehicle Safety
Government to require all new vehicles to have electronic stability technology installed.