Automobile industry
The General Motors Corporation yesterday announced the appointment of Ronald L. Zarrella, president and chief operating officer of Bausch & Lomb Inc., as its new vice president and group executive of the sales, service, and marketing group for its core North American automotive operations. This marks a significant departure from
Automobile industry
Ford has announced plans to cooperate with U.S. Electricar Inc. to sell vehicle bodies, known as "gliders," without engines, drivetrains, or fuel systems. The move comes as strict regulations on electric vehicles loom in California, New York, and Massachusetts. Ford aims to establish guidelines for the conversion
Automobile industry
Vehicle sales on Canadian roads, which are typically more than eight years old, are experiencing a surge in demand, with the average Canadian consumer delaying replacement purchases due to uncertain economic times. This trend has prompted a significant increase in auto sales in October, with the Big Three Detroit-based manufacturers
Automobile industry
A significant contract between TRW Inc.'s valve manufacturing plant in Cleveland and General Motors Corp. could be a major turning point for the facility, which has been struggling with declining employment and production in recent years. The contract, announced by TRW's Vice President and General Manager
Automobile industry
Michigan congressmen are expressing concern that politics may be playing a role in the Department of Transportation's probe into the safety of millions of pickup trucks built by General Motors Corp. The congressmen, all Republicans, have urged President Clinton to release all documents connected to the investigation, citing
Automobile industry
GM's president and CEO, John (Jack) Smith, acknowledged the company's significant turnaround over the past two years, but emphasized that it still has a long way to go to recover in North America. Despite reporting a third-quarter profit of $552-million (U.S.), the company's
Automobile industry
Toyota Motor Corp.'s vehicle production for September rose 4.4 percent from the same month a year earlier to 304,468 units, a result of stronger domestic sales and higher exports. Passenger car production slipped 0.2 percent to 237,144 units, while production of trucks and buses
Automobile industry
Ford Motor Co. has recalled its new 1995 Ford Contour and Mercury Mystique sedans for the second time in a month, this time due to 14 reports of leakage from a plastic fuel tank reinforcement pipe. The company will install new fuel tank assemblies in about 28,500 cars, with
Automobile industry
The 1993 Paris Salon de l'Automobile revealed a challenging market for European car manufacturers, with recession and indifference gripping the industry. However, despite cautious notes from Renault and Peugeot-Citroen, the show offered a glimmer of hope, with commercial aspects taking center stage. The European market, still the world&
Automobile industry
The current system of selling cars in Europe, which involves exclusive dealerships for individual manufacturers, has been the subject of a lively debate between manufacturers, dealers, and consumers. The European Commission has been examining whether to extend the exemption from EU competition rules that allows this system to continue. While
Automobile industry
Australian car manufacturers are set to reap a significant reward from a massive export contract signed by Toyota with Saudi Arabia and other Gulf states. The contract, worth $500 million, will see tens of thousands of Australian-built Toyotas shipped to Saudi Arabia and the Gulf states starting early 1996. This
Automobile industry
Future new-car buyers in Canada may face shortened warranties if gasoline companies continue to use the octane-enhancing additive MMT, says Mark Nantais, president of the Motor Vehicle Manufacturers Association. The trade group is advocating for the removal of MMT, citing concerns that it will gum up sophisticated "on-board diagnostics&
