Word: auto
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...putting together with computers and tapes. To an outsider it was fine and enjoyable; to the Dead Heads it was a rare peak of brilliance. Most of the audience knew that the wife and baby of Veteran Roadie Steve Parish had been killed two days before in an auto accident, and they assumed that the performance was a special effort, a memorial. But the Dead are always private; no announcement was made. At 2:15 a.m., Garcia sang the last song, an elegiac Bob Dylan tune that ends with the words, "It's all over now, Baby Blue...
World automakers do not rank among big league players until they sell their cars in the U.S., the world's richest auto showroom. Last week South Korea announced its bid for a place in that market. Executives of Hyundai Motor America, a subsidiary of South Korea's largest industrial conglomerate (est. 1984 sales: $10.3 billion), said that they will begin selling cars in the U.S. this fall...
...structure, to produce a new subcompact car, starting in 1987. General Motors Chairman Roger Smith said that he wanted the new subsidiary to be free of the mother company's entrenched procedures. Saturn will have its own engineering and design staffs and its own contract with the United Auto Workers. It is to be a test track for new ways of making, selling and servicing cars. Saturn will, in effect, be an entrepreneurial firm within General Motors...
Hanon's defenders argue that he was made the scapegoat for problems that were largely beyond his control. Indeed, the entire French auto industry has been hard hit by recession and government austerity measures; total car sales in France dropped by 12.9% in 1984. Moreover, Hanon was hampered by the government in trying to trim his work force of 98,000. Says one company official: "The government asked too much of Bernard Hanon, to be an effective corporate executive and to run Renault as a social showcase." Hanon attempted to toe that fine line with a plan that called...
...door subcompact and looked too much like the old R-5. Early sales have run about 25% below projections. Conversely, demand for the new top-of-the-line R-25 has far outstripped production levels. Concedes a French government official: "In the all-out war that the auto industry has become, such errors are fatal...