Word: mazda
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Dates: during 1980-1989
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High-performance Japanese imports, including the Honda Prelude and Mazda 626, are in demand. But some of the most popular models are in short supply, since Japanese manufacturers have agreed to quotas on their shipments to the U.S. That gives dealers a chance to make tidy profits. Kramer Motors Honda in Santa Monica, Calif., for example, adds a $2,000 markup to the $6,300 sticker price of the subcompact Honda...
Autos Missing: A red Mazda was reported taken from the Business School parking lot between 8:30 a.m and 3:30 p.m. last Friday Police said they discovered a Toyota in the lot with its engine running and ignition apparently tampered with...
...help make its Mexican car. Ford has teamed up with Toyo Kogyo, Japan's third-largest auto company, after Toyota and Nissan, and the maker of Mazda cars. Toyo Kogyo (1983 sales: $5.8 billion), 25% owned by Ford, will supply engines and transmissions for the Mexican model from its Hiroshima factories...
Perhaps the most intriguing car at the show was the MX-02, Mazda's prototype family car of the 1990s. When the driver punches in the right combination, the door opens, and the seat, mirrors and steering wheel automatically adjust to his preprogrammed requirements. The car also has a four-wheel steering system that will move the computer-controlled rear wheels sideways for easy parking and allow for more comfort in cornering...
...company has jumped from a 7.4% share of the market in 1979 to 10.4% at present. This month it brought out its Chrysler Laser XE ($10,960)-Dodge Daytona sports cars, developed at a cost of $270 million to compete with classy imports like the Toyota Supra and the Mazda RX7. Early next year the company will begin full production of the first U.S.-made minivan. The front-wheel-drive vehicle, developed by Chrysler at a cost of $600 million, will sell for about $9,000, has room for seven passengers and fits into a standard garage...