Automakers: Page 389
-
Toyota’s IN-YOUR-YARD
SAN ANTONIO, TX The JLC cattle ranch, established in 1794, will never be the same. Stretching over 2,000 acres on barren plain 15 miles south of downtown San Antonio, the old ranch by 2006 will begin production as Toyota Motor Corp.'s sixth North American assembly plant. It will produce Tundra fullsize pickups at a clip of 150,000 annually, deep in the heart of the Big Three's most treasured truck
By David C. Smith • July 1, 2003 -
Vicarious Liability Dispute Gets Vicious
DaimlerChrysler Services joined GMAC and Ford Credit in taking severe action in four states that regard lessors as liable for damages and injuries involving leased vehicles. DC's financial arm says its fees would rise to $1,000 per lease, unless legislatures in Connecticut, Kentucky, New York and Rhode Island drop so-call unlimited vicarious liability laws. GMAC, Ford Credit and American Honda Finance
July 1, 2003 -
Explore the Trendline➔
Courtesy of Kia Corporation
TrendlineArtificial Intelligence
Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.
By WardsAuto staff -
Earnhardt Opens New Store in Tempe
Earnhardt Lincoln Mercury opened at the Tempe Auto Plex at I-10 and Elliot in Tempe, AZ. The new Earnhardt store is located at the former Jack Ross Lincoln Mercury Tempe Auto Plex site. The store is Earnhardt's ninth automotive outlet. Earnhardt's combined stores sell 13 different automobile brands, plus 31 RV lines. Earnhardt Auto Centers is one of the largest private dealership groups in the United
July 1, 2003 -
Ford Wins Round in Fight to KO Dealership Sale
SACRAMENTO, CA Ford Motor Co. wins the first round of a ground-breaking dispute over whether a dealership's sale to a large publicly owned dealer group can be blocked because the group elsewhere allegedly runs stores of the same brand. California Judge Merilyn Wong upheld the auto maker's refusal to allow Asbury Automotive Group, of Stamford, CT, to purchase Bob Baker Ford in San Diego. Ford contends
By Mac Gordon • July 1, 2003 -
It’s a Dirty Job
Criticizing all of the time is not fun. Sometimes I feel I know how Jeremiah felt marching around Jerusalem, shouting, They're coming. Repent. Nobody likes messages like this. I remember Jack Smith, the former chairman of General Motors, once saying to me, You don't think we can do anything right. It hurt, but he had a point. I thought it over for a moment, then replied: You've done a good job cutting
By Jerry Flint • June 1, 2003 -
Ford’s 1st Dealer 1st Met Henry at Bike Show
At a Chicago bicycle show 101 years ago, Henry Ford met William Hughson. He ended up becoming the world's first Ford dealer. Hughson was born in Buffalo, NY, in 1869. Lured by tales of the Wild West, he went that way to seek his fortune. As head of Hughson & Merton machinery parts supply company in San Francisco, he traveled to the 1902 Chicago bike show in search of new products. Ford, who had not
By Steve Finlay • June 1, 2003 -
Ford Motor Co.: Cult of the Personality
Any list of the most influential personalities in Ford Motor Co.'s history is bound to include the two giants, Old Henry and The Deuce Henry Ford and Henry Ford II, respectively. Beyond them, the list becomes reasonably debatable. This is my list, based on nearly 50 years of writing, and 25 of them inside Ford. To understand Ford, you have to recognize that from day one the company has been ruled
By Mike Davis • June 1, 2003 -
A History of the Ford Motor Co.
1863 Birth of Henry Ford 1896 Runs Quadricycle experimental car on Detroit streets 1899 Persuades investors to underwrite Detroit Auto Co., quits Detroit Edison; venture fails 1901 Jobless, moves his wife and son back into his father's home on Grand Boulevard in Detroit; Ford, driving own car, beats Alexander Winton in automobile race, attracts investors who form Henry Ford Co. 1902 Ford withdraws,
By Mike Davis • June 1, 2003 -
Toyota’s IN-YOUR-FACE Texas Invasion
SAN ANTONIO, TX The JLC cattle ranch, established in 1794, will never be the same. Stretching over 2,000 acres (809 ha) on a flat, barren plain some 15 miles (24 km) south of downtown San Antonio, the ranch by 2006 will begin production as Toyota Motor Corp.'s sixth North American assembly plant. But it's not just any plant. As Toyota continues its drive to conquer every bastion of the U.S. Big Three
By David C. Smith • June 1, 2003 -
Project Dead
The business plan to build the Dodge M80 was not viable forcing cancellation of the Windsor Project a C$1.6 billion ($1.2 billion) assembly plant to be built in Windsor, Ont., Canada, Chrysler Group concludes. But the innovative manufacturing concept that makes partners of suppliers, the union and government, still could work in the future with the right higher-margin product, says Chrysler President
June 1, 2003 -
Dealer Big Hit in Iraq
Jerry Reynolds, owner of Prestige Ford in Garland, TX, is as patriotic as they come. So when U. S. forces went to Iraq, he took out full-page newspaper ads in the form of personal letters voicing his sentiments and hopes for their safe return. An Air Force captain, a B-52 radar navigator flying bombing missions over Baghdad, came across one of the letters. Moved, he emailed Reynolds, telling the dealer
June 1, 2003 -
Shipshape
The Ford GT's engineers must harbor secret ambitions to build 40-ft. (12-m.) racing yachts with radical rig designs and dodgy keels. How else to explain that a unique fuel-tank technology called makes its maiden voyage on Ford Motor Co.'s ultimate halo car? So named because it encloses the vehicle's fuel-delivery system within a cigar-shaped, blow-molded plastic fuel tank, ship-in-a-bottle (SIB) technology
By Eric Mayne • June 1, 2003 -
Ford’s Greatest Vehicles
A list of the most important vehicles in Ford Motor Co.'s 100-year history is probably a good way to start a fight in most any bar on the globe. Following is my list, and the Model T doesn't appear because it's a no-brainer; its place in history is secure. Several of my other selections are not found on Ford's own centennial list. Ah, memories are so short! MODEL A After a 6-month shutdown of production
By Mike Davis • June 1, 2003 -
Super Cars
FONTANA, CA The Subaru WRX STi is a car with multiple personalities. As an everyday driver, it has great road manners. Its horizontally opposed 2.5L turbocharged 4-cyl. produces a staggering 300 hp (helped by Subaru's first-ever use of variable valve timing for its signature engine layout). But that power is not at all unruly, thanks to continuously variable power distribution from Subaru's excellent
By Tom Murphy • June 1, 2003 -
Koyo Ships EPS for GM
Koyo Steering Systems USA Inc. secures contracts for its electric power steering (EPS), already featured on General Motors Corp.'s '03 Saturn Vue and Ion. GM will use Koyo's EPS on the '05 Chevrolet Equinox cross/utility vehicle, going into production in February. Koyo spokesman Randy Rakes says the company has four additional contracts for EPS for two vehicles each from two OEMs, but he declines
June 1, 2003 -
Luxury Brands Tread On Incentive Turf
European luxury makers are being pulled into the U.S. incentive battle to some degree, say industry analysts in London. Audi AG, DaimlerChrysler AG (Mercedes-Benz) and BMW AG increased their U.S. incentives in April by an average 13%, the same as the U.S. Big Three. Up until now, European luxury brands had managed to largely escape the U.S. incentive battles, but perhaps no longer, says J.P. Morgan
June 1, 2003 -
Blunderville
We all make mistakes, car companies, too. Since car companies rarely admit to any, we must do it for them. Here's my list: General Motors: Keeping the old OHV 3800 V-6 as a basic engine. Many think it's a great engine. I say this old pushrod antique has been a major reason for GM's failure in the market. I say GM accountants love this engine because, with the tooling paid off, it must be the cheapest
By Jerry Flint • May 1, 2003 -
Leadership Change
Honda Motor Co. Ltd. says CEO Hiroyuki Yoshino will step down after five years at the top of the Japanese auto maker. His replacement will be Takeo Fukui, a 58-year-old senior managing director at Honda and former head of U.S. manufacturing, say reports. Industry observers had been expecting Yoshino, 63, to step down. Honda says the Fukui promotion is pending approval from shareholders at a June meeting.
May 1, 2003 -
Rival Auto Execs Now Partners
As executives for different auto companies, Harold Poling and Ted Cunningham were archrivals. Now they're partners in Bankers Integration Group, dubbed BIG, a finance and insurance technology company. Poling is a former chairman of Ford Motor Co.; Cunningham, a former executive vice president of global sales and marketing for DaimlerChrysler AG. It's funny, says Cunningham. I knew Red as a competitor.
By Steve Finlay • May 1, 2003 -
BMW Uses New Labels
Schreiner GmbH says BMW AG is using its new laser process for marking labels on automobiles. BMW uses Schreiner's color laser film process for the vehicle identification number and on 15 different parts, including trunk lid, gas cap and engine compartment. The film has a patented structure that is emission-free during the marking process. The lack of emissions enables BMW to save on filters and cleaning
May 1, 2003 -
Subaru Ties with Armstrong
Subaru of America Inc. has a new corporate spokesman: cycling champion Lance Armstrong. So long to Subaru's former product champion, Australian icon and actor Paul Hogan, best known for his role as Crocodile Dundee. The slogan's all new, too: Driven By What's Inside. Subaru's marketing slogan since 1994, The Beauty of All-Wheel Drive, has been successful, but it's old and lacks emotion, the company
May 1, 2003 -
GM Execs Forego Bonuses
For the second consecutive year, General Motors Corp.'s two top executives Chairman Jack Smith and CEO Rick Wagoner didn't receive a bonus as part of their yearly compensation, GM's proxy statement says. Also by-passed for 2002 are CFO John Devine and Bob Lutz, chairman-GM North America and vice chairman-product development. Both got bonuses in 2001. GM's executive compensation committee decided not
May 1, 2003 -
Biggest Mistake
Lee Iacocca at 78 has mellowed a bit. But he still simmers when the subject turns to Robert Eaton, who succeeded him as chairman of Chrysler Corp. in 1992 and six years later sold out to Daimler-Benz AG. The deal was called a merger of equals at the time, but turned out to be a takeover with Chrysler operating as a division of what is now known as DaimlerChrysler AG. I think it was the biggest mistake
By David C. Smith • May 1, 2003 -
Unsung Hero
John F. (Jack) Smith Jr. never dreamed as a 22-year-old newcomer at General Motors Corp. that one day he'd wind up at the top and win wide praise for leading the company through one of the biggest turnarounds in U.S. industrial history. Affable and self-effacing, Smith retired as GM's chairman May 1, after turning 65 on April 6. He leaves the board of directors, but says he'll remain in an advisory
By David C. Smith • May 1, 2003 -
Bank of America Buys Part of World Omni’s Loan Portfolio
Bank of America and World Omni Financial Corp. put together a deal for the bank to purchase the majority of World Omni's commercial loan portfolio, excluding Southeast Toyota's distributors, franchised dealers and their affiliates. World Omni assigns to Bank of America lending relationships with about 105 dealerships across 23 dealer groups totaling more than $600 million. It's tied to World Omni's
May 1, 2003