Word: auto
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Dates: during 2000-2009
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...himself; he already owns 17, including collectors' dreams like a 1934 LaSalle and a 1952 Aston Martin. No, GM's new vice chairman for product development was demanding a sexy "concept car" in just four months--in time for this week's annual Detroit Auto Show. Urged on by the man who recruited him, GM CEO Richard Wagoner, Lutz wanted to show industry leaders and critics that the world's largest automaker is moving to get its mojo back after years of being bogged down in bureaucratic compromises. "The last thing we need is another crossover vehicle with a navigation...
Looking forward, auto-industry analysts are encouraged that CEO Wagoner, 48, has brought in outsiders like Lutz and chief financial officer John Devine (recruited from Ford a year ago). The hope is that they will be able to energize GM's vast talent pool, the engineers and designers largely ignored by bureaucratic prior regimes...
This is the plight facing Tom and June Fisher, a Cincinnati, Ohio, couple with three children. Though both Tom and June worked in an auto-parts factory, they still could not afford their rented trailer and had to move out. A state agency has placed the family temporarily in a motel room and pays part of the $45-a-night tab. June now cleans rooms in the motel, and Tom works in a sports bar. But it's a struggle. The family shares two double beds, a cot and one chair; toys and school books are stored underneath the beds...
...move is not unprecedented. When James Dean died in an auto accident in 1955, his movie "Giant" had yet to be released. A friend of Dean's, Nick Adams, recorded a few lines of the actor's dialogue to complete the picture. More recently, in the 2000 movie "Gladiator," when actor Oliver Reed died with a few scenes left to film in his part, director Ridley Scott took the more radical step of using special effects to paste Reed's face onto another actor's body...
...rewarded with their own cabinet position (Secretary of Detroit?) when all this is over, are patriotically soldiering on from phase to phase like a good economic actor should. First, by personally delivering the Fed's cheap money to the people with take-my-car-please financing offers, Big Auto made October's retail sales numbers comforting enough to get to sleep at night...