Automobile industry
Chrysler Corporation posted a strong performance in October, with total car and truck sales of 166,823 units, surpassing last year's sales. The company's record-breaking sales were fueled by the success of its new 1996 minivan models and the Dodge Ram pickup, which has now set
Automobile industry
As part of its efforts to provide customers with a wider range of fuel options, Ford has announced that four Indiana dealerships will soon be selling alternative fuel vehicles. Chuck Callahan Ford, D. Patrick Inc., Jordan Ford, and Lakeshore Ford Mercury, Inc. will offer Ford vehicles that run on methanol,
Automobile industry
Johnson Controls, the world's top supplier of automotive seat systems, is poised to begin production at its new 55,000-square-foot facility in Escobar, Argentina. The plant, operated by Johnson Controls Automotive Systems S.A., will manufacture complete seats for Ford and Toyota vehicles, marking the company's
Automobile industry
General Motors vehicles excelled in the 1996 U.S. Environmental Protection Agency (EPA) fuel economy estimates, claiming the top car and six of the top 10 truck spots. The 1996 Geo Metro Coupe from Chevrolet led the passenger car fuel economy charts with ratings of 44 miles per gallon (mpg)
Automobile industry
Chrysler Corporation has announced that eight of its nine U.S. assembly plants and all three Canadian assembly plants will operate during the week of September 5. The Labor Day holiday on September 4 will see all plants closed, but production will resume at varying shift lengths and frequencies at
Automobile industry
The Ford Montreux Detroit Jazz Festival held in 1995 was a dynamic event that brought together music, fashion, and community in the city of Detroit. The festival featured a lineup of talented jazz musicians, including the New Graystone Jazz Orchestra, led by Dr. Thomas "Beans" Bowles. The orchestra
Automobile industry
Coopers & Lybrand Consulting, a leading professional services firm, has signed a significant memorandum of understanding with Samsung Motors, a unit of the Samsung Business Group of South Korea. The agreement aims to help Samsung enter the auto manufacturing industry by 1998, with projected revenues exceeding $50 million over several
Automobile industry
General Motors Corp. has unveiled a voluntary program designed to simplify the trading process for its stockholders who hold fewer than 100 shares of its common stock. The "odd-lot reduction" program allows these investors to either sell their shares or purchase enough shares to reach exactly 100 shares
Automobile industry
Nissan North America Inc. announced significant increases in its U.S. auto parts and materials purchases, totaling $3.48 billion during fiscal year 1994, a 15 percent rise over the previous fiscal year. This figure is part of the company's $4.10 billion in total purchases from U.
Automobile industry
W. Frank Fountain, a seasoned veteran of the Chrysler Corporation, has been elected as the Vice President - Government Affairs, effective August 1, 1995. Fountain's appointment marks a significant transition, as he takes over from Michael M. Glusac, who has led the Government Affairs activity since 1982. In
Automobile industry
The Chrysler Corporation achieved its best retail sales month in June, with Executive Vice President -- Sales and Marketing, Theodor R. Cunningham, proclaiming the results. The company shattered numerous all-time records, including total vehicles, trucks, car and truck models, and divisions such as Dodge and Jeep-Eagle. This impressive performance follows
Automobile industry
Ford Motor Company and Engelhard Corporation have launched an international test of ozone-destroying radiators developed by Engelhard in a fleet of Ford's "world cars." The project aims to develop a smog-eating air filtration system that enables vehicles to actively fight pollution as they drive along. The
