Miller and the other Whiz Kids stewarded Ford back to profitability after the war, reorganizing the company along some 15 profit centers, each with professional and semiautonomous management. The operating structure, with a focus on cost controls, forecasting and planning, eventually allowed Ford to become a publicly held company for the first time, on Jan. 17, 1956.
Opel will stop importing cars into Europe from GM's South Korean plants, which adds to currency risks and ties up working capital, Lohscheller said. The move will improve production capacity in its European factories where the PACE plan targets 100 percent utilization by 2020.
Considering our philosophical bias in favor of manual transmissions, the charms of the CVT are limited. So the best thing about this automatic is that you don’t have to settle for it, because there’s a stick shift available with the 1.5T in the Accord Sport model. That said, the combination of 1.5T and CVT isn’t bad.
Most people are aware that their car is fitted with ABS, but few know what it does or how it works. Sensors fitted to a car's wheels determine if one is on the verge of locking up under braking. If a wheel does lock, then hydraulic valves release to reduce braking pressure ever so slightly to prevent this happening. In many ways the electronics are performing cadence braking - where the driver pumps the brake pedal to prevent wheel lock. This allows the driver to maintain steering control, which is lost when the wheels are locked.
Alan Gilmour, retired vice chairman and CFO at Ford, who was mentored by the Whiz Kids early in his career, credits Miller as well as fellow Whiz Kid Ed Lundy for placing a priority on personnel management at the company.
This was also an era, don’t forget, when the green brigade began its inagrual march for fuel efficiency. But unlike today, when it's all about downsized engines and hybrid technology, in the late 1980s the buzzword was aerodynamics. And with its thoroughly modern lines and flush-fitting windows, the Cavalier Mk3 boasted a slippery drag coefficient of just 0.29 versus the Mk2’s 0.37. Overnight, it had made every one of its rivals look faintly prehistoric.
The X2 will be offered with just three engines at launch – the sDrive20i petrol emits 134g/km of CO2 and is claimed to return up to 51.4mpg, while the 187bhp xDrive20d diesel emits 126g/km and returns 61.4mpg. The higher-powered diesel, the 228bhp xDrive25d, returns 55.4mpg and emits 133g/km of CO2, and is capable of sprinting to 62mph in 6.7sec.
Aside from the transmission, the Accord delivers an unsullied ribbon of wholesome automotive delight. The steering is informative but light enough that it can be operated with fingertips. The interior is roomy, the seats in the EX-L model out-comfort those in some hoity-toity pretenders, and the whole thing is quiet at speed thanks to excellent air management around the car’s skin.
Bill Ford, executive chairman of Ford and the great-grandson of company founder Henry Ford, called Miller "an extraordinary leader" who had a profound impact on the competitiveness and resurgence of Ford Motor Co. at a key juncture.