Ford and GM Are Cruising Along on the Internet
2 February 2000
The Internet Analyst News -- Ford and GM Are Cruising Along on the Internet
NEW YORK--Feb. 2, 2000--If there's one thing that gets Ford Motor's Chief Executive Officer Jac Nasser to shout "Yahoo!," it's the Internet. While the automaker traditionally uses its press preview time at the North American International Auto Show in Detroit to reveal its latest products and prototypes, Mr. Nasser's attention was focused this year on a procession of online deals, highlighted by a new partnership with Yahoo! . Indeed, it seems that Ford Motor and General Motors are locked in a pitched battle to dominate the virtual auto business.General Motors had a pair of its own announcements to make during the North American International Auto Show. It announced deals with America Online and free Internet Service Provider NetZero . The automaker has formed its own purchasing site, TradeXchange, and is negotiating with several other automakers, including the Toyota Motor .
To find out more about automobile manufacturers on the Internet, read the article in Multex.com's The Internet Analyst(sm), http://www.theinternetanalyst.com/individual/000127sections/ connections.html.
Companies profiled:
Ford Motor http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=f
Yahoo! http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=yhoo
General Motors http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=gm