Word: forded
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Dates: during 1960-1969
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...victory could hardly have been more timely; American Eagle was on the verge of extinction. The bird was hatched less than three years ago in a London taxicab, shared by Texas' Carroll Shelby-best known as the designer of the Ford Cobra-and Gurney, who had dreams of driving a U.S. Formula I car ever since he began racing for Italy's Enzo Ferrari in 1958. Shelby and Gurney pooled their savings, founded a firm called All American Racers Inc., opened a factory in Santa Ana, Calif. Working with Britain's Weslake Development Co., they produced...
...answer was to go public. Forming the "All American Racers Eagle Club," he peddled memberships at $15 apiece, by this month had raised $13,000-and entered one car at Spa. One was enough. Starting in the middle of the first row, he trailed Jimmy Clark's Lotus-Ford and Jackie Stewart's B.R.M. through the first 20 laps, then roared into the lead and pulled away to win by 63 sec. despite a balky, smoking engine. The victory earned Dan nine points toward the Grand Prix championship that he has never managed to win although...
...boundaries, and U.S. companies which operate there are rapidly following suit. Dow Chemical and Jersey Standard have both centralized European operations, and so to a lesser degree have IBM and International Telephone & Telegraph. The latest American company to join the trend also happens to be one of the largest. Ford Motor Co., which has heretofore overseen all of its overseas activities from the U.S., is setting up a European-based subsidiary, Ford of Europe, Inc. The new subsidiary, says Chairman Henry Ford II, should provide "on-the-scene coordination" of the company's operations on the Continent...
...subsidiary will watch over the automaker's main European production affiliates, Ford of Britain and Ford of Germany, as well as its sundry assembly, and product-development activities elsewhere in Europe. Actually, the kind of coordination envisioned for the new setup is already evident in some of Ford's Continental operations. European production of Ford's light vans, for example, is so integrated that their front axles are manufactured in Britain, rear axles in West Germany...
...will head the Europe-wide subsidiary is John S. Andrews, 53, a tall Texan who was general manager of Ford of Germany until he returned to Detroit as the parent company's European vice president in 1965. During seven years on the job in Germany, Andrews launched a period of growth that has seen Ford's share of the German auto market increase from 7% to 18%. In his new post, he will try to help Ford weather the effects of European recession. Last year the company's auto sales were off 12% in Britain...