Word: auto
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Dates: during 2000-2009
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Skeptics, though, believe that the growth spurt will be temporary. They point out that much of the GNP rise in August and September came from brisk car sales, which jumped ahead because of special low-interest loans offered by the auto companies. After those deals expired, car sales dropped 14.6% in October. Overall consumer spending fell .9% that month, the sharpest decline in 25 years. Unless retailers have a big Christmas, GNP growth may falter again in the fourth quarter. COMPANIES Breaking Up Is Harder...
That kind of attention to detail helped auto-parts maker Borg-Warner, which discovered that the Japanese believe a product must look good even if the customer will never see it. Borg-Warner, a manufacturing conglomerate, makes a five-speed transmission used in Nissan's popular 280Z and 300ZX sports cars. While the driver sees only the stick shift, Nissan insisted that the whole transmission must shine. "We ran into the Japanese fetish for appearance," says Thomas Hague, the firm's Asian area director. "It's an emotional thing with them." After Borg-Warner polished up its act, Nissan...
...theory, it is the very model of a modern Marxist enterprise. Yugoslavia's clangorous Red Banner auto plant is located in a sprawling industrial park some 85 miles south of Belgrade. Inside a vast assembly hall, 16,000 workers turn out about 220,000 cars a year, including 55,000 copies of the small, ultra-cheap Yugo, the only Communist-built car sold in the U.S. Amid the factory hubbub, Radojko Suljagic, a department manager, extols the 78-member workers' council that ostensibly controls Red Banner. The elective body, of which Suljagic is president, not only chooses factory management...
...fire chief, town clerk, librarian and a few other regular folks. Republican Conte was a friend of Rockwell's and helped get a stop sign put up so cars would not screech out into the street in front of Rockwell's place, causing the artist to fear that an auto might crash into his studio. Rockwell wanted to paint Conte, but the Congressman never found time, and the artist died...
...Where do we get the money?" The proposal calls for half the funds to come from the Government and half from the polluting industries. Reagan, who has argued privately that acid rain is a natural rather than a man-made phenomenon, promised only to give the report careful consideration. AUTO SAFETY More States Buckle...