Automakers: Page 433


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    General Motors LS1 HOV V-8

    The winning formula for General Motors Corp.'s entirely new LS1 OHV V-8: It's the most horsepower that can be had for less than $40,000. By a long stretch.The GM V-8 price-to-horsepower ratio is legendary, though. What makes the LS1 different is that although it's tied genetically to Ed Cole's original 1955 small-block V-8 - the bore centers are the same hallmark 4.4 ins. (11 cm) apart and its valvetrain

    By Bill Visnic • Jan. 1, 1998
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    Cadillac Says ‘Me Too’ to Luxury SUV Fever

    Never let brand management get in the way of making more than $10,000 per vehicle.Cadillac will introduce a full-size sport/utility vehicle for the 1999 model year next fall. It will be based on the existing C/K full-size truck platform - not the new GMT800 foundation beneath the new full-size pickup trucks - and will be very comparable to the GMC Denali, which is scheduled to reach showrooms in February.The

    Dec. 1, 1997
  • The interior of a Kia EV3 showing the dashboard and front seats. Explore the Trendline
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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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    Sorting Out the Kia Puzzle Korean government takes control, shops for a buyer

    SEOUL - A few more knots are likely to tighten before those now pulling the strings can untangle the mess at Kia Motors Corp.The recent resignation by Chairman Kim Sun-Hong eliminated one hurdle in the South Korea government's effort to reform the company, but several obstacles remain, including what could become a nasty battle with Kia's unions over the automaker's future.Mr. Kim's resignation is

    By Reported for WAW by Vince Courtenay in Seoul • Dec. 1, 1997
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    Ford’s ‘Deep Dive’ Proves Prophetic Asian economic crisis wasn’t on the program

    BANGKOK - Ford Motor Co. invites automotive writers and analysts here for a "deep dive" detailing its plans to capture a 10% share of the emerging Asian automotive markets by 2005.But what Ford didn't count on was the economic deep dive that would take place concurrently in Thailand and ripple throughout the region, extending to Hong Kong, South Korea and Japan and eventually South America.Ford's

    By David C. Smith • Dec. 1, 1997
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    Upping the EV Ante Nissan hopes to charge up image of electric vehicles

    TOKYO - The Japanese government's push for more environmentally friendly cars hasn't been lost on Japan's No. 2 automaker, which is hoping to charge past the competiton with the first production version lithium-ion powered electric vehicle (EV).Dubbed the R'nessa in Japan, where it also will be sold with a gasoline engine, Nissan Motor Co. Ltd.'s stylish 4-passenger wagon/minivan will make its way

    By SAID DEEP • Dec. 1, 1997
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    Hot Products Drive Transplants But the boom isn’t shared by everyone

    Thanks to hot products and the booming U.S. economy, major foreign-owned automakers are gearing up for another wave of expansion in the U.S. and Canada. From the Toyota Camry and Honda Accord to the Mercedes-Benz M-class and BMW Z3, just about everything the major Japanese and German transplants are building in the U.S. seems to be turning to gold.The Toyota Camry, built in Georgetown, KY, and Honda's

    By DREW WINTER and MIKE ARNHOLT • Dec. 1, 1997
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    A Global Look Big Three tread varied global paths

    The U.S. Big Three are headed down different paths, keeping an eye to a common goal: making money overseas.Chrysler Corp. is doing it with exports, while Ford Motor Co. and General Motors Corp. are putting up new plants and consolidating their global engineering resources for cost-effective assaults on emerging markets.But the road is bumpy, and automakers will have to steer around several obstacles

    By David E. Zoia • Dec. 1, 1997
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    Ford 1997 will be a hard act to follow

    A year of record profits at Ford Motor Co., a war chest of $19.3 billion in cash to protect against a recession and the hottest offerings in the jumbo sport/utility segment would provide reason for most CEOs to celebrate, but the mood emanating from Dearborn is downright grim."We are very hard on ourselves," says Chairman and CEO Alex Trotman. "Anyone who thinks you can sit on today's performance

    By Drew Winter, GREG GARDNER • Dec. 1, 1997
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    Nissan Truck Gets a Name Solid Frontier Battles the Big Name

    NASHVILLE, TN - The vehicle formerly known only as Nissan Truck finally joins an elite group of pickups that have actual names - sans an alpha-numeric designation. The Frontier, as it now is monikered, marks the seventh generation truck to emerge from Nissan Motor Co. Ltd.'s fold, and the third to be built in the U.S. at the automaker's Smyrna, TN, plant.Frontier's bragging rights include claim to

    By NATALIE NEFF • Nov. 1, 1997
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    Have We Hit Baht-tom Yet ? Currency crises raise caution flag on Asia’sshort-term growth

    Japan's auto market is in a slump. Korea's overcapacity crisis has debt-ridden Kia Motors in dire straits. Currencies in Thailand, Malaysia, Indonesia and the Philippines are plummeting. In China, huge auto inventories pile up, with only a slight recovery in sales.Is the Asia/Pacific automotive market turning into an illusion? In a quintessentially Asian view, the answer is "yes" and "no.""Asia still

    By GREG GARDNER and BARBARA McCLELLAN • Nov. 1, 1997
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    Gravy Train Jumps Track Carron & Co. regroups after boom year with Ford

    The gravy train was rolling right along for Carron & Co. in 1994. The Inkster, MI, prototyping companyhad plenty of business with its primary customer, Ford Motor Co., including converting the F-150 chassis into the Expedition.Carron also was developing a chassis system for the Econoline Super Duty van, helping fit a V-8 in the Explorer and working on the Ecostar and EV, as well as the Ranger Splash

    By Tom Murphy • Nov. 1, 1997
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    ‘Entry-Level’ CLK is Still a Mercedes

    SANTA MONICA, CA - This is the town where they hand out the Oscars. Where spotting a Mercedes-Benz is no novelty. Where Pacific Coast Highway runs north a few miles to fabled Malibu, home of the stars. In short, a perfect spot to introduce Mercedes' newest star, the CLK coupe. WAW already has published details of the new coupe (see WAW - June '97, p.50). Executive Editor Drew Winter won the loathsome

    By David C. Smith • Nov. 1, 1997
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    Power Trip Tokyo show focuses on innovation under hood

    The driving force behind this year's Tokyo Motor Show: powertrains. Japanese automakers unveiled a host of new direct-injection engines, some with advanced variable valve-timing systems, at the biennial exhibition that opened in late October. And many of the concept cars had a drivetrain focus, with several gasoline/electric hybrids and fuel cell-powered models showcased for the first time.Toyota

    By DAVID ZOIA and SAID DEEP • Nov. 1, 1997
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    Hot Talk on Global Warming Will cooler heads prevail at the Kyoto summit?

    Who will buy this stuff?"President Bill Clinton's quip at a recent White House Conference on Global Warming referring to ultra fuel-efficient cars under development by the Partnership for New Generation Vehicles (PNGV) sums up one of the basic fears automakers have about global warming talks.The PNGV project is an industry-government partnership fueled not by consumer demand, but government environmental

    By Jeff Green • Nov. 1, 1997
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    Ford’s New Design Chief J.C. Mays takes over as Jack Telnack retires

    J.C. Mays, the 43-year-old Oklahoma-bred, European-trained outsider Ford Motor Co. tapped to replace Jack Telnack as vice president of design is quite blunt about his new job."I have been brought in to make some changes and I fully intend to do that," he tells Ward's Auto World in a joint interview with Mr. Telnack. "There's an incredible amount of talented people in this organization. Jack (Telnack)

    By GREG GARDNER • Nov. 1, 1997
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    GM’s Jack Smith: room with a view

    It's official: General Motors Corp. moves its world headquarters from the venerable GM Building (GM types simply call it "The Building) in midtown Detroit to the Renaissance Center downtown, overlooking the Detroit River. GM purchased the "Ren Cen" complex - a 73-story cylindrical hotel surrounded by four 39-story cylindrical office towers - in May for a paltry $72 million. Chairman John F. (Jack)

    Dec. 1, 1996
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    Morgan Stanley calls Toyota, Honda, BMW ‘great car companies.’

    Investment consulting firm Morgan Stanley has issued a report that says Toyota, Honda and BMW are "truly great global car companies." Ford Motor Co., General Motors Corp., Mazda and Volkswagen are "almost great," says the report.Morgan Stanley says it embarked on the report seven months ago to present a comprehensive view of 21 industries' competitive landscape, country by country.In the automotive

    Dec. 1, 1996
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    Honda profits surge

    Honda Motor Co. Ltd., spurred by a weaker yen and stronger than expected sales of new models, reports that its pre-tax profit for the first half of its fiscal year ended Sept. 30 quadrupled from a year earlier to 162.4 billion [yen] ($1.45 billion). Vice President Yoshihide Munekuni says Honda should earn about 345 billion [yen] ($.1 billion) pretax for the year ending March 31, 1997. Of the 92 billion

    Dec. 1, 1996
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    Asia/Pacific is on fire: despite high risks, automakers scramble

    The world's major automakers continue to woo the untapped Asia/Pacific region, hoping to reap the whirlwind of tremendous economic growth expected there in the 21st Century. The potential is enormous, but so is the financial risk.Stretching is size from Turkey to Japan, including the Middle East, Australia, China and the Indian subcontinent, the area contains some of the richest and poorest nations

    By McClellan, Barbara • Dec. 1, 1996
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    The Pentastar sparkles: there’s nothing dull about Chrysler’s resurgence

    These are heady days for Chrysler Corp. It earned more money in the first nine months of this year - $2.68 billion - than in all of 1995: $2 billion. Chairman Robert J. Eaton & Co. are on track to top 1994's record profit of $3.7 million, which generated an average profit-sharing payout of $8,000 per workerChrysler has grabbed 1.6 percentage points of combined car and light-truck market share in the

    By David C. Smith, GREG GARDNER • Dec. 1, 1996
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    Transplants start truckin’

    The strengthening dollar is making the U.S. less attractive as a low-cost manufacturing site, but you'd never get that impression looking at the expansion plans launched by most foreign-based automakers in the U.S. and Canada.Honda, Toyota and Nissan all are planning to build more vehicles and components in North America during the next several years, and more aggressive expansions - possibly even

    By Drew Winter, SAID DEEP • Dec. 1, 1996
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    Third-quarter profits exceed forecasts at Chrysler and GM, on target at Ford

    It was a prosperous third quarter for each of the Big Three. Chrysler's $680 million net was clearly toward the upper end of Wall Street's range of expectations, and GM's $1.27 billion was a very pleasant surprise, especially when bolstered by news that the General added another $1.5 billion to its cash reserves, now at a robust $14.5 billion. Meanwhile, Ford, which relied on financial services once

    Nov. 1, 1996
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    Oh, Canada....

    Despite parting ways during the '80s, the U.S. United Auto Workers and the Canadian Auto Workers remain "brothers." Still, with Canada on strike against General Motors Corp. for much of October, numerous GM-U.S. plants relying on Canadian components closed down. You don't make profits when plants are shut: The 17-day UAW strike at GM plants in Dayton, OH, last March cost the No. 1 automaker $900 million.

    Nov. 1, 1996
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    Malibu’s big, inexpensive - and an unexpected pleasure

    Malibu, Ca - General Motors Corp.'s Chevrolet Div. has an all-new platform for its 1997 Malibu, and executives and engineers attending the new Malibu's press launch here believe the car perhaps represents Chevrolet's first legitimate chance at snagging not only a significant portion of traditional midsize buyers - but also the elusive import-biased customers the U.S.'s Big Three automakers covet.The

    By Bill Visnic • Nov. 1, 1996
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    GM lost about 90,000 vehicles from Canadian strike

    The three-week strike by the Canadian Auto Workers in October against General Motors Corp., which ended Oct. 22, cost the company about 90,000 vehicles, nearly a third of which were trucks, estimates Michael Robinet, a market researcher with CSM Forecasting in Farmington, Hills, MI. The remaining two-thirds ranged from the Cadillac DeVille, Seville and Eldorado to the Chevrolet Cavalier and Pontiac

    Nov. 1, 1996