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Roy Abernethy
Roy Abernethy (September 29, 1906, Pennsylvania – February 28, 1977, Jupiter, Florida) was an executive in the American automobile industry, serving as CEO of American Motors Corporation (AMC) from February 1962 to January 1967. Prior to his tenure at AMC, Abernethy had been with Packard Motors and Willys-Overland. Abernethy replaced George W. Romney, who resigned from AMC to become Governor of Michigan. Background Roy Abernethy was a native of Monterey, Pennsylvania, and his first job was caring for coal‐mine mules. He moved to Pittsburgh to become an apprentice mechanic and he also took night courses in engineering at the Carnegie Institute of Technology. He began his automotive industry career in 1926 as an apprentice mechanic at luxury automaker, Packard, earning 18 cents per hour. He then moved up establishing success in auto sales, reaching US$1,000,000 in Packard vehicles in a single year from his dealership in Hartford, Connecticut. Abernethy also held the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hour
An hour (symbol: h; also abbreviated hr) is a unit of time conventionally reckoned as of a day and scientifically reckoned between 3,599 and 3,601 seconds, depending on the speed of Earth's rotation. There are 60 minutes in an hour, and 24 hours in a day. The hour was initially established in the ancient Near East as a variable measure of of the night or daytime. Such seasonal, temporal, or unequal hours varied by season and latitude. Equal or equinoctial hours were taken as of the day as measured from noon to noon; the minor seasonal variations of this unit were eventually smoothed by making it of the mean solar day. Since this unit was not constant due to long term variations in the Earth's rotation, the hour was finally separated from the Earth's rotation and defined in terms of the atomic or physical second. In the modern metric system, hours are an accepted unit of time defined as 3,600 atomic seconds. However, on rare occasions an hour may incorporate a positive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rambler Classic
The Rambler Classic is an intermediate sized automobile that was built and sold by American Motors Corporation (AMC) from the 1961 through 1966 model years. The Classic took the place of the Rambler Six and Rambler Rebel V-8 names, which were retired at the end of the 1960 model year. Introduced a six-passenger four-door sedan and station wagon versions, additional body styles were added. Two-door models became available as a "post" sedan in 1963 as well as a sporty pillar-less hardtop. A convertible was also available for 1965 and 1966. ''Motor Trend'' magazine selected AMC's Classic line as Car of the Year award for 1963. The Rebel name replaced Classic on AMC's completely redesigned intermediate-sized cars for the 1967 model year, and for 1968 the Rambler Rebel line was renamed the AMC Rebel as AMC began the process of phasing out the Rambler marque. Throughout its life in the AMC model line-up, the Classic was the high-volume seller for the independent automaker. Firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobile Manufacturers Association
The Automobile Manufacturers Association was a trade group of automobile manufacturers which operated under various names in the United States from 1911 to 1999. A different group called the Automobile Manufacturers' Association was active in the very early 1900s, but then dissolved. Another early group was the Association of Licensed Automobile Manufacturers, formed in 1903 and which was involved in licensing and collecting royalties from the George Baldwin Selden engine patent. Henry Ford effectively defeated the patent in court in 1911 and the Association of Licensed Automobile Manufacturers dissolved. However, the same manufacturers regrouped later in 1911 and formed the Automobile Board of Trade. In 1913, this became the National Automobile Chamber of Commerce. In 1934, this group renamed itself to the Automobile Manufacturers Association. This was the name the group had the longest and became the best known by. It focused upon establishing a code for fair competition. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Three (automobile Manufacturers)
In the automotive industry, the term Big Three is used for a country's three largest motor vehicle manufacturers, especially indicating companies that sell under multiple brand names. The term originated in the United States, where General Motors was the first to form a large, multi-brand, motor-vehicle corporation (in the 1910s), followed by Ford Motor Company, and the Chrysler Corporation, all before World War II. The term "Big Three" has since been sometimes used to refer to the following automakers: * Germany — the Volkswagen Group, the Mercedes-Benz Group, and BMW. * Japan — Toyota, Nissan, and Honda. * United States — Ford, General Motors, and Stellantis United States General Motors, Ford Motor Company, and Chrysler Stellantis North America are often referred to as the "Big Three", being the largest automakers in the United States. They were for a while the three largest in the world, with GM and Ford remaining as mainstays in the top five. The Big Three are a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Working Capital
Working capital (WC) is a financial metric which represents operating liquidity available to a business, organisation, or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital is equal to current assets. Working capital is calculated as current assets minus current liabilities. If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit and negative working capital. A company can be endowed with assets and profitability but may fall short of liquidity if its assets cannot be readily converted into cash. Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard E
Richard is a male given name. It originates, via Old French, from Frankish language, Old Frankish and is a Compound (linguistics), compound of the words descending from Proto-Germanic language, Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick (nickname), Dick", "Dickon", "Dickie (name), Dickie", "Rich (given name), Rich", "Rick (given name), Rick", "Rico (name), Rico", "Ricky (given name), Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Michigan
The governor of Michigan is the head of state, head of government, and chief executive of the U.S. state of Michigan. The current governor is Gretchen Whitmer, a member of the Democratic Party, who was inaugurated on January 1, 2019, as the state's 49th governor. She was re-elected to serve a second term in 2022. The governor is elected to a 4-year term and is limited to two terms. Qualifications Governors of Michigan, as well as their lieutenant governors, must be United States citizens who have been qualified electors in Michigan for the four years preceding election and must be at least 30 years of age. A constitutional amendment adopted at the 2010 general election provides that a person is ineligible for any elected office, including governor and lieutenant governor, if convicted of a felony involving dishonesty, deceit, fraud, or a breach of the public trust, and if the conviction were related to the person's official capacity while holding any elective office or position ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compact Car
Compact car is a vehicle size class — predominantly used in North America — that sits between subcompact cars and mid-size cars. "Small family car" is a British term and a part of the C-segment in the European car classification. However, prior to the downsizing of the United States car industry in the 1970s and 1980s, larger vehicles with wheelbases up to were considered "compact cars" in the United States. In Japan, small size passenger vehicle is a registration category that sits between kei cars and regular cars, based on overall size and engine displacement limits. United States Current definition The United States Environmental Protection Agency (EPA) ''Fuel Economy Regulations for 1977 and Later Model Year'' (dated July 1996) includes definitions for classes of automobiles. Based on the combined passenger and cargo volume, compact cars are defined as having an ''interior volume index'' of . 1930s to 1950s The beginnings of U.S. production of compact cars we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Car Dealerships In The United States
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers. Used car dealers can carry cars from various different manufacturers, while nearly all new car dealerships are franchises associated with one or more manufacturer. Some new car dealerships may carry multiple brands from the same manufacturer. In some locales, dealerships have been consolidated and a corporation may control a chain of dealerships representing several different manufacturers. In the United States, direct manufacturer auto sales are prohibited in almost every state by franchise laws requiring that new cars be sold only by dealers. Some manufacturers have opened displays, but customers must order their new cars through a website. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hudson Motor Car Company
The Hudson Motor Car Company made Hudson and other branded automobiles in Detroit, Michigan, U.S., from 1909 until 1954. In 1954, Hudson merged with Nash-Kelvinator to form American Motors Corporation (AMC). The Hudson name was continued through the 1957 model year, after which it was discontinued. Company strategy The name "Hudson" came from Joseph L. Hudson, a Detroit department store entrepreneur and founder of Hudson's department store, who provided the necessary capital and gave permission for the company to be named after him. A total of eight Detroit businessmen formed the company on February 20, 1909, to produce an automobile which would sell for less than US$1,000 (equivalent to approximately $ in funds). One of the lead "car men" and an organizer of the company was Roy D. Chapin Sr., a young executive who had worked with Ransom E. Olds. (Chapin's son, Roy Jr., would later be president of Hudson-Nash descendant American Motors Corporation in the 1960s). The comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
