BMW Group
Ford President Jacques Nasser emphasized the automaker's commitment to its independence, ruling out any potential acquisition of German counterpart BMW AG. Nasser, however, stopped short of confirming or denying a report that Ford is about to hire former BMW board member Wolfgang Reitzle as head of global development.
BMW Group
Prime Minister Tony Blair emphasized that the UK government will not offer special treatment to BMW's struggling Rover car plant at Longbridge, suggesting that any financial assistance would be considered on a case-by-case basis, like any other company. Blair reiterated that the government is not at the stage
Motor vehicles
The editors of AutoWeek magazine have selected four stand-out vehicles as winners of their show choice awards at the 81st North American International Auto Show (NAIAS) in Detroit. The winners were chosen from a wide range of vehicles, including production-based and full concept cars, trucks, vans, and sport utility vehicles.
Motor vehicles
In a record-breaking year for the company, Ford and its Lincoln-Mercury dealers delivered a total of 2,066,033 trucks during calendar 1995, surpassing the previous peak by 133,768 units and propelling Ford to the top spot in the US truck sales market for the first time since 1970.
Automobile industry
United Technologies Automotive (UTA) has announced the opening of a 38,000-square-foot manufacturing facility in Plonsk, Poland, which will produce wiring harnesses for Ford's small cars. The facility will be housed within a Ford Motor Company assembly plant, with UTA initially leasing floorspace from the automaker. The new
Automobile industry
General Motors Corporation has made significant progress in strengthening its North American automotive operations (NAO) and improving its overall financial condition, largely as anticipated by Duff & Phelps Credit Rating Co. (DCR). NAO's new vehicles have gained good market penetration and customer acceptance, and have improved NAO'
Automobile industry
Effective January 1, 1996, General Motors Corporation announced significant changes to its governance and management structure. John G. Smale, who had held the position of non-executive chairman since November 1992, will relinquish this role and become chairman of the newly-established Executive Committee of the Board of Directors. John F. Smith,
Automobile industry
Walbro Automotive has been chosen by Chrysler Corporation to develop the fuel storage and delivery system for an upcoming vehicle. The project will be spearheaded by Walbro's newly-expanded Systems Engineering Center in Auburn Hills, Michigan, which will oversee the design, development, and testing of the fuel system components,
Automobile industry
South Carolina's economy has consistently outpaced the national average, despite recent layoffs in the defense industry and economic struggles in traditional sectors such as textiles and apparel. According to the First Union Gross State Product (GSP), a newly released inflation-adjusted measure of economic activity, South Carolina's
Automobile industry
Ford Motor Company is working to introduce a new air bag technology that will help protect occupants in side-impact collisions. This technology, a combination head-and-chest air bag, is expected to be introduced across all Ford cars and light trucks in Europe and North America within the next two years. The
Automobile industry
Ford Motor Company, through its Quality Care and Credit divisions, has announced its sponsorship of Robert Yates Racing for the 1996 NASCAR Winston Cup season. The partnership will see the #88 Ford Quality Care/Ford Credit Racing Thunderbird, driven by Dale Jarrett, compete alongside the #28 Thunderbird, driven by Ernie
Automobile industry
Three supplier companies, Bryan Custom Plastics, Philips Semiconductors, and Stanhope Products Company, have been recognized by Ford Motor Company for their exceptional quality standards. The Total Quality Excellence (TQE) Award is Ford's highest recognition for supplier quality, and the three companies join 41 other suppliers who have achieved
