Archive for January, 2011
Ford to Expand China Operations
Auto manufacturers are always looking for ways to increase their presence in the global auto market. Increasing profit involves venturing to other markets aside from one’s very own. That is why car manufacturers such as the Ford Motor Company are steadily increasing their coverage by expanding their global market.
Recently, the member of the U.S. auto market’s Big Three announced that they will be expanding their operation at the world’s second largest auto market. China, the giant of a country, is now steadily increasing its demand for vehicles as the country becomes more and more progressive.
Mei-Wei Cheng, the vice-president of the Ford Motor Company and the Chairman and Chief Executive Officer of the Ford Motor China, officially announced their expansion in a news conference. Among other concerns that Cheng reported is the official start of production of engines at the Ford Mazda Engine Company. Cheng announced that the production will start “very soon”. The engines to be produced at the said facility will be used to meet the demand for Ford and Mazda vehicles in the country.
Cheng also announced that the newly opened Ford Mazda Automobile Company will begin production of vehicles to be released in the China auto market will begin before the end of 2007. The automobiles to be assembled at the said facility will be suited to the needs of Chinese motorists. The Ford Motor China also announced that the newest generation of the Ford Mondeo will roll out of their production facility within this year. Cheng announced that the Changan Ford Mazda Automobile Company in Nanjing will be producing small cars.
During his talk, Cheng also announced that the Ford Motor Research & Engineering was recently given approval by the Chinese government. He said that the facility will give the Ford Motor China significant boost in engineering. The institution will also help Ford Motor in the global scale as Ford China will be in a position to help its parent company in designing future models.
“These collective announcements underscore Ford Motor’s commitment to the China market and China’s growing importance to our overall global strategy,” says Cheng. “Ford Motor China now encompasses one of the most comprehensive and competitive operations in the Chinese market, including full-scale vehicle and engine production; research, development and engineering; sales; after sales services; and auto financing. Our local partnerships and the smooth implementation of our China strategy have greatly contributed to Ford becoming a leader of China’s automobile market,” he added further.
As part of the press conference, Cheng announced that the lineup of Ford China will include different vehicle body types such as “premiere and mid-size vehicles, small cars, SAVs, SUVs, and commercial vehicles,” according to Cheng. He also pointed out that the company is offering Ford models which have and is currently popular in the European market. “Our hugely successful European products have also proven to be very popular among Chinese consumers,” Cheng said. “From the hot selling Focus to the eye-catching S-MAX, and now the sleek Mondeo, Ford will continue to introduce our latest auto design engineering concepts to the China market. This will be supported by our renowned professional sales and after sales services, as well as our creative ‘Make Every Day Exciting’ brand campaign,” added Cheng further.
Ford’s business operation in China dates back to 1913 when the most popular car in the world is the Model T. Eighty-eight years later, Ford entered into a partnership with the Chinese company Changan Automotive Corporation. The joint venture was then called the Changan Ford Automobile Corporation. Then, in 2006, Mazda joined the venture and its name was then changed to the Changan Ford Mazda Automobile. With the expansion of this operation more and more Chinese will have access to Ford vehicles which can be equipped with ford cold air intake systems.
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Get the Best Auto Insurance Rates – 5 Simple Ways to be Followed
Want to make sure you’re getting the best auto insurance rate that you can? While there may be several factors that go into determining your rate that are harder to control, such as age, gender, income, credit history and a lot more, there are many things directly in your control that can help you get the best auto insurance rate available. There are several steps that customers can take to ensure that the quotes they receive give them the lowest possible rates.
1) Be sure to shop. Most auto insurers will allow you to get a free online quote in just minutes. The more insurers you shop, the more likely you are to get the lowest rate available. You should also shop often, as insurers change their rates frequently. As time goes on, changes in your driving history can also positively impact your auto insurance premiums.
2) Consider making changes to your coverage levels. As you shop various insurance carriers, be sure to adjust the levels of the various coverages available. You need to determine what level of coverage you need. Many times customers are paying for additional coverage beyond what is needed to insure their property.
3) Consider changing your deductibles. Changing deductibles is an easy way to get lower auto insurance rates. As you increase your deductible, your rate will decrease. Each customer should find the best combination of rate and deductible for their budget. If you are more comfortable being out of pocket now with lower cash outlay should you make a claim, then a lower deductible policy may be right for you. If you would prefer to pay less now, and take the risk that you won’t have a claim or that you will be able to afford a higher cash outlay if and when a claim occurs, then a higher deductible policy may be for you.
4) Be sure to know the value of your property. As your car ages, the need to have a high level of coverage for repair and / or replacement can decrease. For example, a 4 year old car that is worth ,000 may not need ,000 worth of collision coverage.
5) Consider a liability only policy. For customers with cars that are of a very low value, liability only may be an option. In a liability only policy, policy holders are covered only for the damage they do to another car or person or property in an accident. Requirements vary by state on coverage minimums so make sure your insurance company provides you with at least the minimum amount of coverage needed in your state.
Auto insurance can be a complicated, confusing and expensive purchase. But with a little bit of research and the knowledge of how to get lower rates, consumers can save money without giving up protection. The internet is a great way to shop multiple carriers easily. It also provides a great way to change coverage and deductible levels to see how your auto insurance rate is impacted.
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Auto Sales Software- Basic Car Dealership Software Features
The auto sales inventory module of dealer management software should authorize the client to go through or edit complete information about each fresh and used car on the lot without a struggle. Vehicle identification number, manufacturer suggested retail price (MSRP), invoice price, and obtainable option packages are some of the many pieces of data that must be recorded for each car. The client edge should be self-explanatory and enable the input of data without having to use the mouse or type redundant commands. If controlling from different car dealership software, the new software package should make it easy to import information from the old system.
Auto Sales Software: features
Compatibility: earlier than expenditure your earned money on software, check to see whether it will work with your current personal system and other software applications you already own. Plenty of software resolutions require specific amounts of processing power and memory. Some might require specialized equipment. If you can select a software package that will not require you to make additional upgrades, you will save extra money.
Car Sales Metrics: Another desirable feature of car inventory software is the capability to monitor metrics of various dimensions of performance. The owner or manager of the auto dealership might want to know which models are selling the fastest or which sales person is having the best month. The dealer management system should be able to generate these and other statistics.
Customer Feedback analysis: the online web is an exceptional source for reviews by people who have just gone through the process you have. Be sure to note both positive and negative reviews. Take heed of what worked, what could be improved, and what past customers liked best about the accounting packages in which you have interest.
Be familiar with the features: it can be not easy to know just what you want from your software before you acquire it. If you have looked at the feedbacks as mentioned above, you should have a better idea of the features you want. To start, the automobile software obviously should record revenue and expenses. Next, your automobile accounting program should integrate with other modules of your dealership software system, so that one application will give you information on sales, inventory, and payroll all in one place. And while performing tasks and maintaining records are very important, keep in mind that you will probably want to print out formatted reports too. Choose auto dealership software that will allow you to present the information you want in a way that readers can comprehend.