Michigan Auto Executive Movers Facts
We love cars and we know you do to. Please read a little about the Big 3 here in our big city of Detroit.
Ford Motor Company Facts:
Ford Motor Company Facts:
Henry Ford insisted that the company’s future lay in the production of affordable cars for a mass market. Beginning in 1903, the company began using the first 19 letters of the alphabet to name new cars. In 1908, the Model T was born. 19 years and 15 million Model T’s later, Ford Motor Company was a giant industrial complex that spanned the globe. In 1925, Ford Motor Company acquired the Lincoln Motor Company, thus branching out into luxury cars, and in the 1930’s, the Mercury division was created to establish a division centered on mid-priced cars. Ford Motor Company was growing.
Becoming a Global Company
In the 50’s came the Thunderbird and the chance to own a part of Ford Motor Company. The company went public and, on Feb. 24, 1956, had about 350,000 new stockholders. Henry Ford II’s keen perception of political and economic trends in the 50’s led to the global expansion of FMC in the 60’s, and the establishment of Ford of Europe in 1967, 20 years ahead of the European Economic Community’s arrival. The company established its North American Automotive Operations in 1971, consolidating U.S., Canadian, and Mexican operations more than two decades ahead of the North American Free Trade Agreement.
Ford Motor Company started the last century with a single man envisioning products that would meet the needs of people in a world on the verge of high-gear industrialization. Today, Ford Motor Company is a family of automotive brands consisting of: Ford, Lincoln, Mercury, Mazda, Jaguar, Land Rover, Aston Martin, and Volvo. The company is beginning its second century of existence with a worldwide organization that retains and expands Henry Ford’s heritage by developing products that serve the varying and ever-changing needs of people in the global community
General Motors Facts:
The General Motors Empire includes or has included the following marques including associates:
Acadian AWD Bedford Bedford-Buick Beaumont Bedford Truck Buick Cadillac Cartercar Chevrolet Chevrolet Truck Daewoo Elmore Envoy Epic Ewing FIAT Flxible Geo General Motors Cab General Motors Truck GM [EV-1] G.M.C. Grabowsky Hertz Rent-a-Car Hindustan Holden Hummer Isuzu La Salle Little Lotus Maple Leaf McLaughlin McLaughlin-Buick Marquette [first] Marquette [1929-30] Maruti Monroe Nissan [vans] Northway Oakland Oldsmobile Opel Pontiac Rainier Randolph Rapid Truck Reliance Truck Renault [vans] Saab Samson Samson Tractors Samson Trucks Saturn Scripps-Booth Sheridan Suzuki Vauxhall Viking Volvo Truck [Canada] Welch Whiting Yellow Bus & Coach Yellow Cab Yellow Truck
General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 325,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries. In 2004, GM sold nearly 9 million cars and trucks globally, up 4 percent and the second-highest total in the company’s history. GM’s global headquarters are at the GM Renaissance Center in Detroit
Developing partnerships around the world.
GM is the majority shareholder in GM Daewoo Auto & Technology Co. of South Korea, and has product, powertrain and purchasing collaborations with Suzuki Motor Corp. and Isuzu Motors Ltd. of Japan. GM also has advanced technology collaborations with DaimlerChrysler AG and BMW AG of Germany and Toyota Motor Corp. of Japan, and vehicle manufacturing ventures with several automakers around the world, including Toyota, Suzuki, Shanghai Automotive Industry Corp. of China, AVTOVAZ of Russia and Renault SA of France.
Building brands. Leading the way.
GM’s automotive brands are Buick, Cadillac, Chevrolet, GMC, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall.
Genuine GM Parts and accessories are sold under the GM, GM Goodwrench and ACDelco brands through GM Service and Parts Operations, which supplies GM dealerships and distributors worldwide. GM engines and transmissions are marketed through GM Powertrain.
GM operates one of the world’s leading financial services companies, GMAC Financial Services, which offers automotive and commercial financing along with an array of mortgage and insurance products. GM’s OnStar is the industry leader in vehicle safety, security and information services.
In 2004, for the fourth consecutive year, GM set industry sales records in the United States, its largest market, for total trucks, pickup trucks and sport utility vehicles. In China, GM’s second-largest market in 2004, GM’s sales increased 27 percent and set a company record.
Daimler Chrysler Facts:
Headquarters: Auburn Hills, Michigan
Employment: 84,375 (year-end 2004)
Vehicles Sold: 2.7 million worldwide (year-end 2004)
President and Chief Executive Officer: Tom LaSorda
Chief Operating Officer: Eric Ridenour
Global Engine Alliance—DaimlerChrysler Corporation, HMC, and MMC have (directly or through wholly owned subsidiaries) formed joint ventures to develop and engineer through HMC, and jointly manufacture (in the United States) a family of world class in-line four cylinder gasoline engines. Each of the three companies will utilize the same base engine in some of its future vehicles and will work with the other two to reduce the cost of the engine, improve quality and maximize production efficiencies. HMC and MMC will manufacture engines in production facilities in Korea and Japan, respectively, while the joint ventures will own and operate the production facility in the United States. HMC commenced manufacture of the engine in 2004. Engine production is scheduled to commence in the United States for Chrysler in 2005 and MMC in
2006 DaimlerChrysler is proud of its German-American heritage. Formed by the $37 billion acquisition of Chrysler by Germany’s Daimler-Benz in 1998, the company makes about 4.6 million vehicles a year. Chrysler’s brands include Dodge, Jeep, and, of course, Chrysler vehicles (the Plymouth line was discontinued); the Mercedes brand includes luxury sedans, commercial vehicles, and SUVs. DaimlerChrysler’s Freightliner unit is the US’s #1 heavy-truck maker. The carmaker has a 33% stake in EADS, the European aerospace and defense consortium. DaimlerChrysler sold its 12% stake in Mitsubishi Motors to Goldman Sachs late in 2005. Goldman Sachs floated all but .01% of the stake on the open market later the same day.
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