OKLAHOMA CITY - Twelve Oklahoma City auto dealers began operating as Fred Jones Auto Collection last week. The venture includes 12 Ford, Lincoln, Mercury and Mazda dealerships that now work as one business unit. Ford Investment Enterprises Corp., a Ford Motor Co. subsidiary, is a minority shareholder. Fred Jones will employ about 1,000 people and generate sales volume in excess of $500 million during its first year of operation.
SAO PAULO, Brazil - Questions hung over two new Brazilian auto plants last week after the governor of Rio Grande do Sul was quoted saying he would cancel $350 million in pledged public incentives. Ford Motor Co. is building its $1 billion Amazon Project there and has been promised $188 million from the state. General Motors is building its $600 million Blue Macaw project there, using $160 million in incentives.
FORD CREDIT POST
DETROIT - Ford Motor Credit Co. has appointed A.J. Wagner to a newly created position as vice president for major accounts. That puts him in charge of big dealer group accounts, such as Republic Industries Inc. He also will direct Ford Credit's role in Ford Motor Co.'s dealership consolidations, called Auto Collec-tions. In addition, he will direct Ford Credit marketing research. Before his new assignment, Wagner was Ford Division regional sales manager for the Chicago region. Before that, he worked in Ford Credit management for 22 years.