Word: auto
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...sure, Toyota and Nissan have little reason for nervousness. Imports accounted for only 2.2% of the Japanese market last year, and the giant American auto manufacturers were virtually absent. BMW's success, however, has encouraged several foreign carmakers, including Sweden's Saab and Volvo and West Germany's Mercedes-Benz, to push harder in Japan. As a result, car imports to Japan jumped 36% in 1986, to more than...
...daughter his partner, and dyed her brown hair black in an attempt to make her look more Latin. Precociously alluring as well as arrestingly attractive, Rita soon found a place in such B-grade movies as Under the Pampas Moon (1935). At 18 she married Edward Judson, a sometime auto salesman who at once saw what was wrong: her real appeal was not Latin but all-American. After lightening her hair, he introduced her to Harry Cohn, the shrewd, tyrannical head of Columbia Pictures, who substituted her Irish mother's surname, with a slight variation, and inserted young Hayworth into...
When Carol Inkley went shopping for a new car earlier this year, she faced a supply-side problem: a pending divorce had left her with little to spend and nothing to trade in. Inkley, a Chesterfield, Mo., interior-design coordinator, solved her dilemma by signing a four-year auto lease that avoided the hefty down payment a normal car loan would have required. Cost of the lease: $239.04 a month. She drove home in a new white Honda CRX complete with automatic transmission, air conditioning and AM-FM radio...
...likes that notion. He began leasing in 1982 with a Toyota Celica and moved up to a Mercedes-Benz, later a BMW and now a 1986 Porsche 944. Shapiro pays only about $450 a month for the Porsche -- considerably less than the $800 a month he figures a conventional auto loan would cost him. Tom and Dede Spencer of Kirkwood, Mo., a suburb of St. Louis, decided to lease their 1987 Dodge Caravan for $367.50 a month. They can spend the money they would otherwise use for a car down payment for new carpeting and the delivery-room bills...
...leases are increasingly available from auto companies and dealers, as well as from financial institutions. While most showroom personnel still push first for sales, two-thirds of the nation's 25,150 auto dealers now arrange leases as well. The Consumer Bankers Association says 53% of its member banks leased cars last year, up from just 26% in 1983. General Motors Acceptance Corp. (1986 assets: $90.78 billion) says the number of leases on its books has increased from about 50,000 in 1982 to about 600,000 last year. GM's Pontiac Division last month introduced 50-month cut-rate...