Advance Auto Parts #2870 (8,075 square feet)
2323 George Washington Memorial Highway, York River Crossing, Hayes, VA
Built and opened in 1994, renovated in 2006
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If you are a car aficionado, there is likely at least one Ford vehicle that makes your heart go pitter-patter. Even if you prefer Pontiac or Chevrolet vehicles, no car lover would pass up an opportunity to own a Shelby Mustang GT500 or other classics that Ford has produced. For those that are big fans of Ford Motor Company, there are plenty of cars, trucks and even tractors for you to select from when looking for a new automobile or piece of farm equipment. Still, what do you really know about Ford Motor Company? You may be surprised by what you have to learn about this American automobile manufacturer.
The Rise of the Ford Motor Company
The Ford Motor Company has a long and interesting history that dates back to 1903. Since a 40-year-old Henry Ford first launched the company with only $28,000 that he received from twelve different investors, the company has grown into a juggernaut within the automotive industry. In fact, with a net income of $2.723 billion in 2007 and reported total assets of $279.264 billion that same year, the company is ranked third among U.S. automakers. While General Motors and Toyota have taken the first and second place spots, Ford had five vehicles rank at the top of the list on J.D. Power and Associates’ quality survey listings. Another fourteen of Ford’s vehicles ranked in the top three of the listings, making it the automaker with the most awards on the coveted list.
What many people don’t realize, however, is that two of the twelve people that invested in Ford’s new company were John and Horace Dodge, who later went on to form what is now known as the Dodge motor company.
During is early years, the Ford Motor Company only produced a few cars each day. In a factory located in Detroit, Michigan, groups of two or three men put together the vehicles after receiving the necessary components from other companies. Ford later introduced assembly lines to his factories and utilized mass production strategies in order to speed up production of his automobiles. He also paid his workers high wages and was one of only a few companies that managed to survive through the Great Depression.
The Ford Motor Company Today
Although it has been over 100 years since Henry Ford first opened the doors to the Ford Motor Company, the company is still family owned and continues to produce vehicles under the Ford name. It does, however, manufacture vehicles under other names as well. In the United States, for example, Ford products are also manufactured under the Lincoln and Mercury names. The company does not operate in only the United States, however, as it has major manufacturing operations in a number of other countries. These include:
– People’s Republic of China
– South Africa
– United Kingdom
Ford has also owned a number of other brands of vehicles in the …
Serving the automotive world since 1985, Tiger Auto Parts is one of North America’s largest importers and distributors of aftermarket automotive parts. Quality …
We provide the latest technology and the highest caliber workmanship on all our transmission repairs and auto repairs in Austin, TX. Incorporating old school ethics and service with new school expertise and our own shop, we can retool, repair, rebuild, and restore your vehicles to keep them running like new.
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In the year, prior to the turn of the millennium, Nissan was a company in a serious financial crisis. Debt had approached $22 billion by 1999. The company had been too complacent, and had taken its prior success, for granted .
Did Nissan’s decision to outsource their IT Infrastructure to IBM in 1999 make good sense? Nissan was a very troubled auto-manufacturer in the late 1990’s. Senior executives from the company were known for their conservative outlook on business, and their ‘old boy’s network,’ mentality. Profits were dropping dramatically, eventually forcing the company into the $22 Billion debt that it then faced. There were no signs indicating a change in the market that would encourage profit growth. The vehicle sales needed invigoration.
Mergers were the flavor of the day in the automotive industry during the late 1990’s. Nissan executives approached Daimler Chrysler and Ford to discuss a possible merger, but there was no interest from either of the companies . There was only one alternative left, which was to reinvent themselves and reduce unnecessary overheads. This was the defining point that led to the business process outsourcing decision.
This paper seeks to answer the question “Does the cost of implementing an in-house solution outweigh the benefits or does Business Process Outsourcing (BPO) make more sense?” We reviewed the example of the automotive manufacturer, Nissan, when they decided to outsource their entire Information Technology department to IBM in late 1999, to answer our question.
Nissan – A brief history and the events leading up to the BPO decision
I. The Boom years
Nissan was established in Japan in 1933 as a heavy industry manufacturer. After the Second World War they turned their attention to automotive vehicles. In the 1950’s, they finally had an impact on the global market with the introduction of the Datsun branded sedans and small pickup trucks. The company eventually opened full-time operations in the USA in September 1960 .
The company experienced dramatic growth with the introduction of the ‘Z’ series sports sedans in the early 1970’s, with the 240Z becoming the fastest selling sports car of all time. This success led Nissan to the top of the U.S. vehicle importers market by 1975. Vehicle sales in the USA topped over 250,000 units per annum by 1970 . The company was young, its leaders dynamic and the future looked very bright. They were competing for the U.S. market with the likes of Ford, Chrysler, and General Motors, showing improved quality and production efficiencies over their competitors.
The company was growing at a phenomenal rate, opening new manufacturing plants around the world on a regular basis such as Australia (1976), Spain (1980) and the United Kingdom (1984) . There was no respite to the pace of growth and new business generation coming from the company.
In 1983, the company began the worldwide marketing of vehicles under the Nissan name which was felt to have a stronger quality image and started the six year transition from Datsun to …