Word: fords
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Dates: during 1990-1999
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Carter J. Eckert, professor of Korean History and director of the Korea Institute, Ezra F. Vogel, Henry Ford II Professor of the Social Sciences and director of both the Asia Center and the Fairbank Center for East Asian Research, and Susan J. Pharr, associate dean of the Faculty of Arts and Sciences and Edwin O. Reischauer Professor of Japanese Politics will accompany Rudenstine during different segments of his trip...
...industry has already undergone considerable consolidation. Along with its equity interest in Kia, Ford Motor Co. owns Jaguar PLC and a one-third stake in Mazda and is considering an alliance with Samsung Motors Inc. GM, still the world's largest automaker, owns Germany's Adam Opel AG, the U.K.'s Vauxhall Motor Cars Ltd., Holden's in Australia, 50% of Saab Automobile AB in Sweden and about a third of Isuzu. On top of that, GM operates a joint venture in Canada with Suzuki Motor Corp. and an assembly plant called NUMMI in California with Toyota...
...companies as national emblems of industrial might. The car business is too capital and customer hungry to care about flags. Witness last week's other big news: Volkswagen's $713 million deal to buy Rolls-Royce, the once regal, now tarnished marque of British motoring. Ford also announced last week that it will consider increasing its 16.9% stake in Kia Motors Corp., South Korea's troubled No. 2 automaker, which filed for bankruptcy last summer. Audi is apparently considering purchasing Lamborghini. VW and Renault could be next...
...Fiat or Renault if VW didn't want to play), with American Motors thrown in to make trucks and utility vehicles. American-designed cars would run on German (or Italian) engines, and joint dealerships around the world would be able to match the market penetration that only GM and Ford had at the time. It was one of Iacocca's typically brash ideas...
...DaimlerChrysler team aims to adopt a similar strategy. But this alliance will work on a different strategic level than do most other globalization efforts. First and foremost, the sheer size and scope of this merger all but assures mutual survival in ongoing global consolidation. Along with Ford, Toyota and GM, DaimlerChrysler will be a first-tier, all-world player...