February 25, 2000 |
Ending months of speculation, Ford Motor Co. said Thursday that it will move the U.S. headquarters of its foreign and domestic luxury lines to Irvine, cementing Southern California's reputation as a key automotive industry center. The long-expected relocation from New Jersey of Aston Martin, Jaguar and Volvo--to join Lincoln in Ford's Premier Automotive Group--is just the latest of what industry analysts see as a continuing migration of automotive-related companies to the region.
September 23, 1999 |
Lincoln Mercury told its dealers this week that it will stop retail production of the slow-selling Mercury Mystique compact at the end of the year. The Irvine-based unit of Ford Motor Co. dropped the Mercury Tracer subcompact last year and retains just five models in the Mercury line--the Cougar sports coupe, Sable mid-size sedan, Grand Marquis luxury sedan, Villager minivan and Mountaineer sport-utility. Jim Hall, a Detroit-based industry analyst with AutoPacific Inc.
March 23, 1999 |
Porsche has joined the California crowd. The German performance car maker has opened its first U.S. automotive design studio in Huntington Beach--part of its Porsche Engineering Services unit. But the new studio won't be responsible for designing Porsches, at least not yet. Its mission is to pick up design work for outside clients--work that previously had to go through the company's already overloaded studio in Germany.
September 16, 1998 |
Bidding to boost Southern California sales while adding an environmental feather to its cap, Ford Motor Co. said Tuesday that it will begin giving $1,000 credits to Southern Californians who agree to scrap their pre-1990 automobiles. The credits will be good for down payments on new or late-model used vehicles at area Ford and Lincoln Mercury dealerships.
August 15, 1998 |
Republic Industries Inc. has agreed to buy three franchise car dealership groups in Southern California, including the region's largest sellers of Mercedes-Benz and Jeep vehicles. The deals, among six separate transactions announced Friday, would make Republic one of the largest car retailers in Southern California. With the acquisitions, Republic's local holdings will increase to 11 franchises and 50 locations, said Jim Donahue, vice president of communications for Republic.
August 4, 1998 |
Making an unprecedented move to jump-start its flagging U.S. operation, Nissan Corp. said Monday that it has shifted design responsibility for future American market cars to its studio in La Jolla. The move makes Nissan the first Japanese car maker to give its U.S. design studio so much autonomy. It also further increases California's considerable influence in automotive design.