Word: auto
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...unconscious after just a few feet." Hernandez doesn't shy from violence easily. In his seven-year career, he's been shot in the stomach, hit in the head with a railroad tie, had his arm broken in a fight, absorbed countless punches, and been jailed twice for auto theft -- not to mention all the unspeakable things he's done to other people. Last May he told his fellow gang members he had finally had enough. His former friends promptly jumped and beat him, stabbing him in the hand during a knife fight. "If they see me by myself...
Labor leaders fear pain rather than gain. They contend that tens of thousands of workers will be laid off as U.S. companies shift production south to take advantage of industrial wages in Mexico that are roughly one-sixth of those in the U.S. and Canada. The U.S. auto industry alone could lose thousands of positions. Mexican workers earning less than $20 a day are already building hundreds of thousands of Ford Mercury Tracers and Buick Centuries in Hermosillo and Ramos Arizpe and shipping them north. Under the pact, the Big Three's presence south of the border will surely grow...
Detroit finally had something to smile about. After 15 months of record- breaking losses that were included in last year's total of $7.5 billion for the U.S. auto industry, both Ford and Chrysler reported solid second-quarter earnings gains totaling $680 million. And the government of China put in an order to the U.S. Big Three for $130 million worth of utility trucks and minivans -- about what they sell during a full year in Japan...
...this week, mainly because of huge write-offs from its troubled Hughes defense subsidiary. "We haven't had any real recovery yet," cautions Shearson Lehman analyst Joseph Phillippi. "The automakers are not doing badly, but they're still struggling." But for a change, the only red in Detroit's auto shops was to be found on its sporty new convertibles...
...presidential leadership. But some of the greatest changes in our country were not originated by Presidents; they came about as a result of popular drives that Presidents joined, more or less, to lead. That was true of the antitrust and pure-food revolutions, of the union movement, environmental protection, auto safety, the tax revolt, civil rights, women's rights, gay rights (whatever you may think of them...