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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.
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.
In 1977, Volvo tried to combine operations with rival Swedish automotive group Saab-Scania, but the latter company rejected it. [9] Between 1978 [9] and 1981, Volvo acquired Beijerinvest, a trading company involved in the oil, food, and finance businesses. In 1981, those sectors represented about three quarters of Volvo's revenue, while the ...
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 ...
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Penske Automotive Group (PAG) is a transportation services company headquartered in Bloomfield Hills, Michigan.It operates automotive and commercial truck dealers principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, engines, power systems, and related parts and services principally in Australia and New Zealand.