Word: auto
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Tough under any circumstances, competition in the auto industry gets particularly nasty when business is bad -- as it certainly is in Europe these days. Last week German investigators found three boxes of documents from a General Motors subsidiary in the apartment of former employee Jorge Alvarez Aguirre, now with Volkswagen, and a feud brewing for four months flared into a bitter brawl. Alvarez was one of seven executives who last spring defected to Volkswagen with GM purchasing czar Jose Ignacio Lopez de Arriortua. "I cannot say that the papers we found were secret," said a spokesman for the local prosecutor...
This brave new outlook is hardly lost on the United Auto Workers union, which is gearing up for an industry-wide round of bargaining scheduled for later in the summer. Union bosses are already calling for "an immediate and substantial pay increase," rumored to be in the neighborhood of 18% over the next three years...
...harsh, discordant music grids, clanks, reverberates and buzzes in a manner reminiscent of an auto mechanic's garage--at least, one in which a chain-saw-wielding maniac runs amok. The only unifying theme to this eclectic collage of songs appears to be disharmony, distortion and above all a disturbing sense of disjointedness...
...Chamber of Commerce launched a public relations counterattack. They raised $1 million to pay for a full-time staff and Washington-based lobbyists. In 18 days they rounded up 140,000 signatures on protest letters. The operation mobilized not only the shipyard's employees but also local businessmen from auto dealers to restaurateurs...
...Purchasing non-Japanese auto parts, especially by Japanese auto factories located...