Automakers: Page 398


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    Ferrari picks cream of crop for new Maserati franchises

    Ferrari's acquisition of the Maserati marque in 1997 cleared the way for Maserati to focus on global sales growth. After investing $350 million in revamping Maserati's production and headquarters facilities, Ferrari SpA is ready to take Maserati on its largest global expansion in recent years including the opening of several U.S. dealerships. A big milestone will take place in March, when Maserati

    By Kevin Kelly • Jan. 1, 2002
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    What price peace?

    What's your price for a little peace and quiet on the motorway? Delphi Automotive Systems figures it's in the range of $1,500, which may sound outrageous until you consider that a lot of optional equipment (navigation systems and all-wheel drive, for instance) can cost as much or more. On the Internet (www.delphiauto.com), Delphi is selling its seat-top Rear-Seat Audio Video System for $1,495, which

    By Compiled by Senior Editor Tom Murphy [email protected] Jan. 1, 2002
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    Trendline

    Artificial Intelligence

    Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.

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    VW-Japan to expand brand range

    Being No.1 in Japan's import car market year after year is not limiting Volkswagen AG's ambitions. Next step up is to become a major brand player in the world's second-largest car market. Our goal is not to challenge Honda or Nissan but to become an influential player in the Japanese market with benchmark brands, says Tsutomo Umeno, the new president of Volkswagen Group Japan K.K. We already sell

    By Compiled by the staff of: WARD'S AUTOMOTIVE INTERNATIONAL • Jan. 1, 2002
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    Nissan’s Fabulous 3L VQ: Thanks for the Memories

    FARMINGTON HILLS, MI It started innocently enough in Japan at a Nissan Motor Co. Ltd. advanced-powertrain discussion in 1990. Engineers believed the company needed to replace its iron-block V-6 engines with a new-generation V-6 design that would be lighter and markedly more emissions-friendly. Five years of painstaking development later, Nissan launched the first of its all-new modular V-6 engine

    By Bill Visnic • Jan. 1, 2002
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    Mitsubishi Electric adds GM business

    Mitsubishi Electric Automotive America has won contracts to provide ignition coil modules and ignition coils to General Motors Corp. for car and truck engines worldwide. The supplier will eventually supply all ignition coils worldwide for GM, tripling Mitsubishi's current business with GM. MEAA will make the ignition coil modules at its plant in Maysville, KY. The plant will be expanded to hande the

    By Compiled by the staff of: WARD'S ENGINE AND VEHICLE TECHNOLOGY UPDATE • Jan. 1, 2002
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    Global Growth: Ferrari SpA invests $350 million in Maserati venture

    BOLOGNA, ITALY – Ferrari SpA is in the final stages of completing its E391 million (US$350 million) investment in the Maserati marque, which it acquired in 1997. The company has invested E111 million ($100 million) in the past three years revamping Maserati’s production facility in Viale Ciro Menotti, Modena, Italy, and plans to invest another E280 million ($250 million) in the next four years in

    By Kevin Kelly • Dec. 6, 2001
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    Hooray for Back to Basics

    To me, first and foremost, we're in the car and truck business. We're designing, developing, building and selling cars and trucks. If you're going to do that, you've got to have the process that delivers things on time, at quality, and on cost. Those are the basics of the business. Ford COO Nick Scheele The outlook is a little bleak at Ford Motor Co. right now, but the new back to basics man tra Ford

    By Dec. 1, 2001
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    The road from Allen Park to Salt Lake City

    With the Winter Olympics a matter of months away in Salt Lake City, UT, Ford Motor Co. was glad to do its part on behalf of a U.S. bid for a gold medal. So its engineers scheduled time in the company's new Jacobs Sverdrup Driveability Test Facility in Allen Park, MI, to help an aspiring athlete, Lincoln DeWitt, who is the U.S. National Champion skeleton slider. The sport makes its Olympic debut in

    By Compiled by Senior Editor Tom Murphy [email protected] Dec. 1, 2001
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    Ford Financial CEO now Ford Group VP

    Donald A. Winkler, chairman and CEO of Ford Financial, is now also Group Vice President at Ford Motor Co., a move seen as boding well for the automaker's f&i arm. He says his appointment indicates that Ford Financial is an integral part of Ford Motor Co.'s efforts to maintain long-term consumer relationships. Because we have an on-going relations with consumers, we are in a unique position to solidify

    Dec. 1, 2001
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    Concepts Aplenty at SEMA

    As the sponsor of the recent Specialty Equipment Market Assn. show in Las Vegas, General Motors Corp. takes center stage by displaying more than 175 variously modified GM vehicles, including five Chevy Cavaliers, a twin-turbo Cadillac Escalade, a turbocharged Chevy Malibu and a supercharged Buick Rendezvous. But other automakers have plenty to show as well. DaimlerChrysler Corp. unveils a Woodie version

    Dec. 1, 2001
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    VW Brazil fires 3,000 workers

    Some 16,000 workers strike Nov. 12 after Volkswagen do Brasil fires 3,000 workers at its Sao Bernardo do Campo, Sao Paulo state, plant, representing 11% of its 26,800 total workforce in Brazil. We offered ways out, and all the options were rejected, says Herbert Demel, president of VW in Brazil. No one could expect that we would receive these rejections without doing anything. The workers were cut

    By Compiled by the staff of: WARD'S AUTOMOTIVE INTERNATIONAL • Dec. 1, 2001
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    TOYOTA CAMRY IS ABOUT TO LOSE ITS BEST-SELLING CAR TITLE

    The Toyota Camry America's best-selling car for three years in a row looks like it will lose that title to the Honda Accord this year. Toyota executives say that has more to do with their limiting Camry production supplies than with consumers liking the Accord more. Toyota fell behind in the big race after the automaker limited production of 2001 model year Camrys. That's because a completely revamped

    Dec. 1, 2001
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    Sir Nick

    DEARBORN Ford Motor Co.'s knight in shining armor doesn't ride a white charger. He drives a '37 Jaguar SS 100. In fact, he doesn't wear armor, either. Nick Scheele wears his heart on his sleeve a style that seemed to suit him well the last time he was forced to slay a dragon. This time, however, the scaly beast has four heads. And they're all cranky some more than others. Of late, the menacing monster's

    By Eric Mayne • Dec. 1, 2001
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    A ReVue of Saturn’s new SUV

    GREENVILLE, SC This is BMW country. Or at least you'd think it should be. The German automaker has been churning out sports cars and sport/utility vehicles at its nearby Spartanburg plant for the last several years. Since BMW's arrival in the mid 1990s, there's been an influx of manufacturing and good-paying jobs into the region, which historically has been agrarian and poor. But we're driving General

    By Brian Corbett • Dec. 1, 2001
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    CTS bids happy birthday to Bernie

    Meeting a target date set four years ago, GM's new Grand River Plant in Lansing, MI, began assembly of the Cadillac CTS for shipment to customers Nov. 12. Jim Taylor, VLE for prestige vehicles, says the date was fixed four years ago to coincide with the birthday (Nov. 11) of Bernie Lacroix, chief engineer of the CTS. The '03 CTS, the first GM car on the Sigma platform, goes on sale in January. The

    By Compiled by the staff of: WARD'S AUTOMOTIVE REPORTS • Dec. 1, 2001
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    “Sir Fix-It” goes to work at Ford world headquarters

    "Sir Fix-It" goes to work at Ford world headquarters Affable and recently knighted Nick Scheele becomes COO in post-Nasser era Jaguar was in a bloody mess when Ford Motor Co. bought it for $2 billion in 1989. Back then, Jaguar had a reputation for poor quality. Any car with quality problems is bad enough. An expensive luxury car with quality problems? Not right, that. Ford put its Nicholas Scheele

    By Dec. 1, 2001
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    GM APPEARS SET TO BUILD A SMALLER VERSION OF CHEVROLET AVALANCHE

    General Motors Corp. will build a midsize version of the Chevrolet Avalanche sport/utility pickup for its GMC division at its Oklahoma City assembly plant, sources tell Ward's. Codenamed GMT305, the crossover unlike Avalanche will feature an open-air retractable notchback over the cargo area, sources indicate. We'll introduce Avalanche functionality in the midsize truck segment, but with a new twist

    Dec. 1, 2001
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    News flash: Honda ahead of schedule

    Honda Motor Co. Ltd. begins mass production at its Lincoln, AL, plant Nov. 14, six months ahead of schedule. Honda Manufacturing of Alabama is building the Odyssey minivan and the V-6 engine that powers it. The Alabama plant currently is operating one shift, initially building 55 units per day. A second shift will be added next spring, with total production hitting 500 units per day by the end of

    By Compiled by the staff of: WARD'S AUTOMOTIVE REPORTS • Dec. 1, 2001
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    JM&A covers more and more brands

    Growth outside its core Toyota brand is gaining momentum at the JM&A Group and World Omni divisions of JM Family Enterprises, according to William F. Curran, chief operating officer for JM&A. Mr. Curran says that the company's 1,300-dealer network now is more truly national and covers more and more brands outside the core Toyota product. The new performance development center on JM's Deerfield Beach,

    Dec. 1, 2001
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    Global Growth

    BOLOGNA, ITALY Ferrari SpA is in the final stages of completing its E391 million (US$350 million) investment in the Maserati marque, which it acquired in 1997. The company has invested E111 million ($100 million) in the past three years revamping Maserati's production facility in Viale Ciro Menotti, Modena, Italy, and plans to invest another E280 million ($250 million) in the next four years in a

    By Kevin Kelly • Dec. 1, 2001
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    Primus opens F&I training center for non-Ford dealers

    Ford Credit's Primus Financial Services division opened an F&I development training curriculum at its Franklin, TN, headquarters. Serving non-Ford and Lincoln Mercury brand dealers, Primus's one-day, two-day and five-day courses cover the usual F&I curriculum plus a new subject hiring strategies.

    Dec. 1, 2001
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    BMW can’t wait to dump DC-made Mini motor

    Although the new BMW AG-made Mini has launched to highly favorable reviews in Europe (it's coming to the U.S. next spring), nobody's exactly shouting from the rooftops about the car's 1.6L 4-cyl. engine least of all BMW. BMW made a 1997 deal with Chrysler Corp. pre-Daimler-Benz AG takeover to design and build the Mini's engine in a joint-venture operation in Brazil; Chrysler also would use the engine

    By Compiled by the staff of: WARD'S ENGINE AND VEHICLE TECHNOLOGY UPDATE • Dec. 1, 2001
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    >“Report card” on how GM divisions are doing

    "Report card" on how GM divisions are doing General Motors CEO Richard Wagoner gives this "report card" of GM divisions: Oldsmobile:"It's moving in a good direction to be resolved, something everyone can live with, but not a lot of people are cheering," he says of the division that's on death row. "It's going as well as something that that's difficult and, frankly, emotional." s sales were strong

    By Dec. 1, 2001
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    New program speeds payment to BMW dealers

    A new program from BMW Financial Services aims to pay dealers more quickly. The new self-serve funding system lets BMW FS pay dealers before the paperwork is completed usually within one business day. We are now able to reduce the average waiting time for payment on a contract from two days to none, says Bob Divine, managing director of BMW FS in the United States. That means improved cash flow for

    Dec. 1, 2001
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    Chrysler turnaround plan was moving right along

    Chrysler turnaround plan was moving right along But then came Sept. 11, a war, 0% financing and a lot of uncertainty "If you hear a German accent in this building, it's a visitor," James Holden told Ward's last year. It turned out to be his last interview as president of DaimlerChrysler's Chrysler Group. It also turned out to be a totally inaccurate statement. The interview was in Mr. Holden's office

    By Dec. 1, 2001