Automobile industry
According to a survey conducted by Choice magazine, the 1990-92 model Toyota Cressida, Honda Civic, Toyota Tarago, Mazda 323, and Mazda 626 are Australia's five most reliable cars. However, locally made cars such as Ford Falcons and Holden Commodores have emerged as the least reliable, with 77% of
Automobile industry
Job vacancies in Australia continued to increase in February, with a 18.7% jump in job advertisements in major metropolitan newspapers. The ANZ Bank's employment ads survey showed that the strong upward movement in job opportunities, which began in the middle of last year, is continuing. The car
Automobile industry
The Chrysler Corporation announced plans to spend $1.8 billion over three years to increase its manufacturing capacity by 17 percent, in anticipation of rising vehicle sales, particularly of sport-utility vehicles, pickup trucks, and mini-vans. The move is expected to generate up to 6,000 new jobs in the United
Automobile industry
As tensions between Japan and the United States intensify over trade policies, Japanese automaker Toyota Motor Corp. has announced a voluntary target plan to purchase parts worth $6 billion for fiscal 1996. Chrysler Corp., one of the Big Three U.S. automakers, has capitalized on this shift in policy by
Automobile industry
Chrysler has recalled over 110,000 vehicles, including models such as the Chrysler Concorde, New Yorker, and LHS, Dodge Intrepid, and Eagle Vision, due to faulty wiring that could cause them to stall. The recall affects vehicles built from late July to early December last year and is the latest
Automobile industry
The CEOs of BMW and Honda, Bernd Pischetsrieder and Nobuhiko Kawamoto, respectively, are set to meet to discuss the future of car production at Rover Group PLC, in which BMW now holds a majority stake. The meeting, which may take place as early as this week, is expected to be
Automobile industry
Ford Australia's president, Mr. John Ogden, announced yesterday that the company will invest $250 million in Victoria this year, part of a larger shake-up that will see the closure of the Homebush plant in Sydney and the end of production for the Capri sports car. This significant investment
Automobile industry
A comprehensive two-year study jointly conducted by the United States and Japan has revealed that the failure of US car companies Chrysler Corp., General Motors Corp., and Ford Motor Co. to prosper in Japan can be attributed to both countries. The study suggests that while Japanese consumers show a strong
Automobile industry
A German civil court has ruled that Volkswagen had not broken the law by luring away seven former General Motors managers last March, dealing a minor victory in the ongoing legal wrangling between the two auto giants. The lawsuit, filed by General Motors' German subsidiary Adam Opel A.G.
Automobile industry
A Frankfurt court yesterday dismissed Opel's unprecedented application for an employment ban on seven former GM managers now working for Volkswagen, handing Volkswagen a rare advantage in its 10-month struggle to salvage its reputation. The court ruled that Opel had failed to prove that the seven had been
Automobile industry
Toyota's grip on the Australian car market has shown no signs of letting up, with the brand securing its third consecutive year at the top of the sales charts. Despite not being the biggest spender on advertising, Toyota's clever marketing strategy, led by its agency Saatchi
Automobile industry
The UK's company car taxation system is undergoing significant changes from April 6, with a revised structure that will have a major impact on individual motorists and models. Car manufacturers are currently issuing extensive paperwork and guidelines to explain the changes to customers. A 5-Series BMW, for example,
