Word: auto
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Dates: during 1990-1999
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...kind of corporate nirvana where a folksy labor force and enlightened managers would happily work to produce some of the best darn American cars on the road. The plant represented a unified front against growing Japanese imports and offered the broader prospect of peace between GM and the United Auto Workers...
...only begun to wreak their havoc on GM's business. "Lost market share is going to be more of a problem for GM than ever," says TIME Detroit bureau chief Ron Stodghill. "The summer is a strong buying season, and GM dealers don't have enough cars. In the auto business, once you lose a customer, you may not get them back...
DETROIT: After a bitter round of name-calling on Monday, General Motors and the United Auto Workers are back at the table. But these are negotiations in name only. "Both sides have dug in, and they're not budging," says TIME reporter Joseph Szczesny in Detroit. "The betting now is that this will last through July...
...broader marketplace, but he is also taking NASCAR with him. They are like drafting partners, the racing strategy in which two cars driving bumper to bumper together can go faster than either individually. In the 50 years since NASCAR, the popular acronym for the National Association for Stock Car Auto Racing, crawled from the beaches of Daytona, Fla., and dirt tracks of the Southeast, it has evolved into a national draw and a coveted marketing vehicle. It has even ventured into that signature business of brand overextension, NASCAR theme restaurants. For drivers such as Rusty Wallace, Dale Earnhardt and Bill...
...chairmanship, a single chairman will take charge of the company. That chairman, you can wager, will come from Daimler-Benz. In short, Chrysler has been "bought" by Daimler-Benz. As a result, another great name in America's manufacturing history will gradually fade into oblivion. With only two American auto manufacturers left, we are at risk of losing the automobile industry, much as we have lost the consumer-electronics industry. While we celebrate our evolution into a "service economy," our trading partners are happy to take advantage of our naivete. WILLIAM J. LYNOTT, President Buy America Foundation Abington...