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In March 1959, Ford Division's Long Beach Assembly plant was deemed unsafe and operations were moved to Los Angeles #2 with production starting on April 10, 1959. Through the remainder of 1959 up to the end of the 1962 model year, both Ford and Mercury full-size cars were assembled at the Los Angeles plant.
Stern, who previously oversaw Apple TV+, iCloud and Apple News+, will report to Ford CEO Jim Farley. In his new role, Stern will focus on integrating hardware, software and services across the ...
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
As the first car dealer to advertise on television, he became well known in the Chicago area as "Jim Moran the Courtesy Man." In an interview with Mike Downey in the Chicago Tribune on Oct. 21, 2005 as the World Series got underway, Moran recalled his 1959 promotion to give a free car to any Sox player who hit a home run in the 1959 World Series .
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