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Automotive repair

5 Hot Auto Alliances and What They Do

The first production car from Honda was the S500 sports car. Also, Honda was the first Japanese car manufacturer to launch a devoted luxury model, Acura in 1986. Ford Motor Company was founded by Henry Ford and integrated on June 16, 1903.

The company is managed by the Ford household, which owns a controlling stake in Ford Motor. Profit margins decreased on massive vehicles due to increased “incentives” (in the form of rebates or low-interest financing) to offset declining demand. In the latter half of 2005, Chairman Bill Ford requested newly appointed Ford Americas Division President Mark Fields to develop a plan to return the corporate to profitability. Fields previewed the Plan, named The Way Forward, at the December 7, 2005, board assembly of the company and it was unveiled to the general public on January 23, 2006.

Now, a more recent and even sportier supercar makers are getting involved. …