Word: mazda
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...Mazda Motor of Hiroshima, well known for the rotary engine that is the soul of its spirited RX-7 sports car, is joining Japan's automotive invasion of the U.S. Mazda announced last week that it would start producing cars in Michigan in 1987, bringing to four the number of Japanese automakers manufacturing in the U.S. Honda has a plant in Marysville, Ohio; Nissan has one in Smyrna, Tenn., and Toyota will begin producing cars this month in a venture with General Motors in Fremont, Calif. Mazda plans to construct a $450 million assembly plant near a Ford foundry...
...cost is $23. U.S. automakers have chosen two main solutions to meet the Japanese challenge: construction abroad and automation at home. By 1990 GM expects to be building 500,000 small cars overseas for import to the U.S. Ford is constructing a plant in Mexico with Japan's Mazda, and both Ford and Chrysler are holding talks with Korean manufacturers about building more cars there. A confidential GM study, obtained by the union earlier this year, showed that the company could cut its work force in the U.S. by as many as 100,000 over the next two years...
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...