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Auto Industry News

Will the technology enhancements in vehicles ever end? Car manufacturers seem to chomping at the bit to out modernize the other with whose vehicle is more modern. Have you ever tried to change a clock on a car? The older ones it seems easier, you have two buttons. That’s it, however now that just doesn’t seem good enough.

An example of this is cars with a GPS. Some vehicles require the system to be re-programmed to set the time. The navigation system comes with a CD that contains details of the geographic area and territory as set by the selling dealer. The vehicle then links up with the appropriate satellite that provides the GPS guidance.

This disc must be initialized into your navigation system to set the correct time zone and recognized landmarks. Once the time zone is set, you must activate daylight savings to get the correct time displayed for your location.

Another example is scrolling through your radio tuner one frequency at a time. I’d much rather choose the station myself, not arrive at what the radio thinks is the next best frequency.

 

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Ottawa and Queen’s Park are coming together to give over $100 million to an auto parts giant in Guelph. This is to help create over 1,000 jobs in the area. With the allotted amount of money that both the governments have given, It should come as no surprise that Ottawa is matching that of which the Premier is giving. With this partnership, they are looking to grow the automotive industry and the economy in Guelph, ON.

By partnering with companies like Linamar, we are positioning the province for growth now, and for years to come,” Wynne said Monday in Guelph.

Federal Transport Minister Lisa Raitt, whose Conservatives are headed to the polls later this year, said Ottawa was happy to lend Linamar a hand — and money.

“Canada has much to offer automakers and parts manufacturers: our automotive innovation fund, the new Windsor-Detroit bridge, support for automotive R&D, a stable economy, a low corporate income tax rate, a highly skilled and productive workforce, well-developed infrastructure and access to markets,” said Raitt.

Linda Hasenfratz, chief executive officer of Linamar, which employs 19,000 workers at 45 locations around the world, said the firm’s Ontario’s factories are its “most productive globally.” It has 6,870 workers in Ontario.

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Ford Motor Co. has set it eyes on change in 2014 by  named Mark Fields to replace Alan Mulally as CEO on July 1, handing the reins to a 25-year company veteran after being saved by an auto industry outsider.

“From the first day we discussed Ford’s transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said in a statement.  “Now, Mark is ready to lead our company into the future as CEO.”

Fields, 53, emerged as Mulally’s likely successor when he was promoted to COO in December 2012. The New Jersey native was tapped to become Ford’s No. 2 executive after leading the automaker’s North American operations from deep losses to record profits.

“Thank you for leaving us this gift of a transformed Ford that we can all build on going forward,” Fields said to Mulally during a news conference today. “I’m so blessed to be surrounded by a talented management team.”

Fields said his COO position won’t be filled.  “I am very passionate about product,” he added. “We will maintain and accelerate that product passion as we go forward.”  Mulally also will be giving up his Ford board seat.  Bill Ford, in an interview later this morning on CNBC, acknowledged the company looked at external candidates.  “Clearly I did look outside because I have to, but you know, I kept coming back internally, as did Alan, to Mark,” Ford said. “He’s part of the culture of Ford that is so positive.”

Mulally, in a CNBC interview, said Fields has been the clear front-runner for the job.  “To watch him step up and do this job, and with his belief in the strategy, we have the right guy at the right time to take Ford forward,” Mulally said.

Ford and Mulally also said they mutually agreed to make Mulally’s departure a “clean break” as of July 1 rather than keeping an outgoing CEO on the company’s board.  Mulally has done a lot for Ford but Fields has tackled every task that the Ford company has thrown at him, this may be his biggest task yet, leading this established car company into the future.

Read full article here:  www.autoweek.com