December 3, 1998 |
Mercury, a marque whose big cars haven't topped the under-50 crowd's gotta-have-one list in years, wants its youthful machismo back. And what better way to regain it, the Irvine-based company's newly transplanted executives figure, than to bring back a model whose very name evokes the hot-rod image that once defined the Ford Motor Co. unit's offerings. Think big. Think Marauder. The roaring Merc V-8 of the 1960s, a car that could seat six people and scoot along at up to 140 mph.
September 12, 1997 |
A judge approved a statewide class-action suit accusing Ford Motor Co. of concealing ignition problems in 2 million vehicles prone to stalling. Over Ford's objections, Alameda County Superior Court Judge Michael Ballachey allowed plaintiffs' lawyers to expand their suit into a class action on behalf of all Californians who bought Ford vehicles from model years 1983 through 1995 with a particular ignition mounting.
April 16, 1992
Charles Bloomer has won first place in a poster contest for students at the Art Center College of Design in Pasadena. In the contest sponsored by Ford Motor Corp., students created posters advertising a student competition to design and build electric vehicles. Bloomer received a $1,500 cash prize. Second-place winner Ann-Bettina Colace received $1,000, and third-place winner Anna Mason received $250.
December 26, 1991
Ford Motor Corp. has awarded cash prizes to three Art Center College of Design students for design excellence in creating exterior graphics for pickup trucks. Winners are Jung Kim, first place, $500; Jeff McFarland, second place, $300, and Alec Tam, third place, $200. Designs were submitted by 25 industrial design students at the Pasadena college and judged by representatives of Ford North American Design and Ford Truck Operations.
April 4, 2002 |
Hertz Corp., the biggest U.S. car-rental company, said it eliminated base commissions paid to North American travel agents on certain transactions, following similar moves by several major airlines. Hertz said the change, effective immediately, was made because of continued weak travel demand, and the need to further reduce costs. The company, a unit of Ford Motor Corp., said the move will affect mostly U.S.
May 16, 1995
Independence One Bank of California said Monday that it has completed the sale of its savings and loan operating units by transferring $194.1 million in deposits to Glendale Federal Bank and ceasing operations as an S & L. The Mission Viejo thrift, owned by banking company Michigan National Corp., transferred the deposits for $4.4 million. Executives at the Glendale thrift said the deal will allow it to reduce its own borrowings.
September 29, 2000 |
Drivers of Ford Motor Corp.'s Explorer sued the auto maker and Bridgestone/Firestone Inc., claiming their vehicles have lost resale value because of rollover problems, attorneys said. In the suit filed in federal court in Orlando, Fla., the drivers say the resale price of their Explorers has dropped more than $1,800 since investigations into the vehicles' tendency to roll were publicized, attorney Theodore Leopold said.
February 1, 1987 |
Chrysler announced Saturday that it would extend warranties on new trucks and cars to seven years or 70,000 miles, exceeding those announced recently by its competitors. The new warranty includes a seven-year or 70,000-mile powertrain warranty and a seven-year or 100,000-mile guarantee against outer-body rust damage, the company said. "We went to five years and 50,000 miles five years ago, because we had the product quality to back it up.