Word: 1960s
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That won't be easy for a company whose U.S. market share has plunged from a peak of 52% in the early 1960s to just 35% today. GM last week reported a $753 million loss for the third quarter and is careering through its third straight year of deficits. GM's North American division, the heart of its business, lost an astonishing $7.1 billion last year -- $1,700 for every car, truck and van it sold in the U.S., Canada and Mexico. The red ink was stanched somewhat by GM's car business outside North America, whose $2.1 billion profit...
...early 1960s GM was having trouble building small cars to compete with imports like the Volkswagen Beetle. Chevrolet's ill-fated Corvair, which Ralph Nader judged to be "unsafe at any speed," made few inroads against imports. Yet GM was lulled into complacency by the success of its Pontiac GTO and other trend-setting muscle cars. When buyers flocked to small cars during oil crises in the 1970s, GM's failure to produce a winning model was ominous. "They had become so arrogant and efficient at defining trends that when a fundamental shift took place, they failed to adapt," says...
...member of the Harvard Water Program, Fiering worked in the early 1960s on a study of waterlogging and salinity in the Indus River basin...
...happy when I found out about it," said Sel T. Sahin. "I like the people and the atmosphere here. It feels like my student days [at Boston University in the 1960s...
...concept of Asian-Americans as more industrious and able to succeed "on their own" (i.e. without the benefits of affirmative action) was especially popular in the 1960s, when American racial minorities, particularly African-Americans, were demanding social equality. It was "an attempt to rationalize the relationship between Black and white Americans, at the expense of both the Blacks and Asians," says Elaine Kim, associate professor of Ethnic Studies at the University of California at Berkeley. Obviously, however, individuals such as Choi maintain this disempowering Asian stereotype even today. Choi's article illustrates the damaging effects of this kind of eurocentric...