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The Premier Automotive Group was formed in 1999 under then-CEO Jacques Nasser and grew to include the Lincoln, Mercury, Aston Martin, Jaguar, Land Rover and Volvo brands. Forbes estimated that, by 2004, Ford had spent $17 billion building on acquisitions to form PAG. [2] In 2002, Lincoln and Mercury returned to Ford's direct control.
Community portal; Recent changes; Upload file; Search. ... Pages in category "Premier Automotive Group" ... This page was last edited on 1 April 2013, ...
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
Premier Ltd [4] (formerly known as The Premier Automobiles Limited) [5] was an Indian automotive manufacturer company, based in Mumbai. [6] The company was owned by the Walchand Group and was established by Walchand Hirachand as Premier Automobiles Ltd (PAL) in 1944 with the encouragement and support of Sir. M. Visvesvaraya .
The President of Ford Motor Company has been a key officer since 1903, with four noted vacancies after Semon Knudsen was fired in 1969, after two vice-chairmen were appointed in 1987, Philip Benton Jr's retirement on January 1, 1993, and Jim Padilla's retirement in April 2006.
Volvo's safety systems remained standard on all Volvo vehicles while under ownership of Ford Motor Company. Volvo had patented many of its safety innovations, including SIPS, WHIPS, ROPS, DSTC, and body structures. Some of these systems were fitted to other Ford and Premier Automotive Group vehicles in forms similar to those of Volvo systems.
Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, on July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. [3]
In 2002, Fields became chairman and CEO of the Premier Automotive Group, Ford's luxury unit, which at the time included Aston Martin, Jaguar, Land Rover and Volvo Cars. He then was named executive vice president, Ford of Europe and Premier Automotive Group, where he led all activities for Ford's premium vehicle business group and for Ford brand ...