Ford botches Explorer launch, putting CEO back on hot seat

Ford Motor Co.’s Jim Hackett and Wall Street analysts started this year frustrated with one another. Sure, the automaker had been underperforming, but the chief executive appealed for time to show he was fixing things. He assured them the redesigned Explorer SUV rolling out months later would be a proof point. But rather than help the earnings results Ford delivers this week, the Explorer will be a hindrance. Sales have plunged as a plant plagued by personnel problems has struggled to get the new sport utility vehicle out the door. Thousands have been shipped 270 miles away to another Ford factory for rework. The botched Explorer launch puts Hackett back in the position he was early this year—testing the patience of investors. A downbeat assessment of how long it will take to turn the automaker around already cost the company an investment-grade credit rating. By pointing to the SUV as one of the first products he influenced, the CEO staked his reputation on it. "From a design, styling and content standpoint, it hit the marks,” Jeff Schuster, a forecasting analyst for LMC Automotive, said of the Explorer. “But if you can’t get out of the gate, that certainly is going to put some question marks not only on his credibility, but from a consumer standpoint, on the vehicle itself.” The transformation of Ford’s Chicago assembly plant was one of the most complex in the company’s history, a spokeswoman said. The company is shipping the new Explorer— the all-time best-selling... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-10-21 21:58:49 UTC ]
News tagged with: #hostile environment #general motors #settle claims #troubled past

Other news stories related to: " Ford botches Explorer launch, putting CEO back on hot seat "


Paperbacks and Hardcovers On Sale On Amazon for 50% Off

Emily Henry, Toni Morrison, J.R.R. Tolkien, Dr. Seuss and more books on sale for 50% off today! Continue reading at Book Riot

[ Book Riot | 2024-05-10 18:01:00 UTC ]
More news stories like this | All news stories tagged with: #dr. seuss #toni morrison #emily henry


Amazon Launches Massive Six-Day Book Sale

The inaugural Amazon Book Sale will run May 15–20 and feature deep discounts on thousands of books, including 50% off print bestsellers. The e-retailer is touting the event as "The Book Sale of Your Dreams." Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-09 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #amazon book #book sale #print bestsellers


Apple’s ‘Crush’ ad receives backlash from PR and marketing pros

“This Apple ad is what happens when you try to be ‘edgy’ with no consideration for strategy,” said Lulu Cheng Meservey. Continue reading at Media Week

[ Media Week | 2024-05-08 21:18:08 UTC ]
More news stories like this | All news stories tagged with: #lulu


I’m putting together a book heist crew.

Last week over 100 cops from the EU’s police agency fanned out over Georgia and Latvia to bust a group of criminals who stole around 170 antique books from libraries across Europe. Over two years, the gang is suspected in the robbery of “rare books mainly written by Russian writers—including... Continue reading at Literrary Hub

[ Literrary Hub | 2024-04-30 17:42:09 UTC ]
More news stories like this | All news stories tagged with: #libraries #rare books


A page-turner: how to get your reading groove back | Letters

Readers share their tips on discovering new authors and reading more widelyIn addition to the excellent advice provided in your article on reading (The experts: librarians on 20 easy, enjoyable ways to read more brilliant books, 25 April), I would add the following. The old adage of not judging... Continue reading at The Guardian

[ The Guardian | 2024-04-28 16:39:44 UTC ]
More news stories like this | All news stories tagged with: #small publisher #paperback #olga tokarczuk #svetlana alexievich #annie ernaux #fitzcarraldo editions #brilliant books


The '90s called. They want their books back

When the graphic novel remake of Ann M. Martin's book Claudia and the Bad Joke was the best-selling kids book in Canada earlier this month, it was time for bookworms to feel their hearts flutter with nostalgia. The original, part of the wildly popular The Baby-Sitters Club series, was published... Continue reading at CBC

[ CBC | 2024-04-26 08:00:00 UTC ]
More news stories like this | All news stories tagged with: #graphic novel #bad joke


Jaipur Expands Festivals to Charlotte and Seattle

The Jaipur Literature Festival (JLF) has unveiled its U.S. lineup for 2024, with the festival returning to Houston, New York City, and Boulder, Colo., and has added dates in Seattle and Charlotte. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-25 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #literature festival


Zodiac Academy Authors Launch Publishing Venture

Sisters Caroline Peckham and Susanne Valenti will rerelease their self-published Zodiac Academy romantasy series in paperback under their newly-formed company, Dark Ink Publishing. On April 23, Dark Ink released 'Restless Stars,' the ninth and final book in the series, with an announced print... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-24 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #paperback #final book


Abrams to Launch Manga Imprint, Kana

Abrams ComicArts is launching a new imprint, Kana, focusing on manga series translated into the English language for the U.S. market, primarily catering to adult audiences. Its first titles, including 'Leviathan' by Shiro Kuroi and 'Manhole' by Tetsuya Tsutsui, are due this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-24 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #manga #english language #abrams comicarts


PEN President Jennifer Finney Boylan Announces Plans to Review PEN’s Work Going Back a Decade

PEN America has faced an enormous amount of criticism from the literary world for, among other things, failing to call Israel’s six-month assault on Gaza a genocide, and is now facing a wave of withdrawals from two of its signature events, the literary awards and the World Voices Festival. In... Continue reading at Literrary Hub

[ Literrary Hub | 2024-04-18 14:26:32 UTC ]
More news stories like this | All news stories tagged with: #literary world #literary awards #enormous amount #pen america


Actress Viola Davis Launches JVL Media

Davis, her husband Julius Tennon, and publisher Lavaille Lavette are launching JVL Media, a new publisher and packager focused on diverse and underrepresented voices. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-18 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #underrepresented voices


S&S UK to Launch Summit Books U.K. with Ravi Mirchandani at the Helm

Mirchandani, who has been editor-in-chief of Picador in the U.K. since 2019, has been named publisher of the U.K. arm of the newly revived Simon & Schuster imprint. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-17 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #picador #schuster #named publisher #ss uk


S&S Marks 100 Years with Back-to-Back Celebrations

On April 8 and 9, Simon & Schuster hosted two star-studded centenary fetes in New York City to celebrate the 100th anniversary of its founding. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-12 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #schuster #100th anniversary


Riot, Grrrls: Marisa Crawford on Why Feminist Lit and 1990s Girl Culture Need More Critical Attention

Marisa Crawford is the founder of the feminist blog Weird Sister, which highlights writing at the intersections of feminism, literature, and pop culture. This spring the Feminist Press released The Weird Sister Collection, a vital anthology that collects a decade’s worth of writing published on... Continue reading at Literrary Hub

[ Literrary Hub | 2024-04-08 08:54:36 UTC ]
More news stories like this | All news stories tagged with: #anthology #pop culture #critical attention


Author T L Swan Launches Publishing Venture, Keeperton

In its first year, Keeperton will publish 10 titles—four of them by Swan, whose Miles High Club series is a BookTok favorite—under its romance imprint, Arndell. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-04 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #romance imprint


The Lavender Rhino, a New LGBTQ Indie Bookstore, Launches Online

The Lavender Rhino, an online independent bookstore with a focus on titles by LGBTQ authors, will launch on April 6, with ambitions to open a brick-and-mortar store at a later date. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-04 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #independent bookstore #brick-and-mortar store #lgbtq authors


Paperback Reader: Your Guide to Spring 2024 YA Paperback Releases

There are so many excellent paperback YA books hitting shelves this spring. Dive in and discover your next favorite book. Continue reading at Book Riot

[ Book Riot | 2024-04-03 11:30:00 UTC ]
More news stories like this | All news stories tagged with: #paperback #favorite book


Robert Lowell! W.E.B. Du Bois on WWI! Black spies! 27 books out in paperback this April.

April, remarkably, is here already—remarkable only, I suppose, because my internal calendar is still stuck on January all too often—and that means that warmer weather and wonderful blooms are also here, both of which I love. (And a solar eclipse on the 8th!) And what better to usher in the... Continue reading at Literrary Hub

[ Literrary Hub | 2024-04-01 08:32:36 UTC ]
More news stories like this | All news stories tagged with: #paperback #du bois #robert lowell


Oxford University Press Workers Threaten Strike

Workers at Oxford University Press are threatening to strike, alleging the publishing house is moving jobs abroad and has stonewalled the union in salary negotiations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-29 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #oxford university press #publishing house


China’s Book Industry in 2023: Back in the Black

The Chinese book market in 2023 went from negative to positive in its growth metrics, thanks in part to a fast rise in short-video book promotion. The post China’s Book Industry in 2023: Back in the Black appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-03-28 19:35:32 UTC ]
More news stories like this | All news stories tagged with: #book industry #book market #post china