Word: auto
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...decades. A rebirth of the American spirit, as Carter dearly hoped five summers ago? It sure feels like it. Even the walkouts called against General Motors last weekend were reluctant and selective (see ECONOMY & BUSINESS). "People seem to be enjoying themselves more," says Mel Hagen, 35, an auto worker from Keego Harbor, Mich., a working-class town outside Detroit. "Things aren't as tight as they once were." Homosexual Activist Harry Britt, a member of the San Francisco board of supervisors, also senses a change. Says he: "I haven't found anybody who doesn't feel good...
...Yogi Berra says, 'It's never over 'til it's over,' and that's true of negotiations as well." So said United Auto Workers President Owen Bieber early last Saturday morning, after the midnight deadline had passed for a new contract agreement between the U.A.W. and General Motors. The union had just announced that it was authorizing workers at 13 key GM facilities to go on strike, purportedly because of local grievances, while it continued bargaining for a new labor contract...
...union, however, has been facing a company in a powerful position. GM commands 59% of the American auto market (up from 46% in 1970); it is rapidly expanding abroad and diversifying into industries that include data processing and computer software. GM had been expected to earn nearly $6 billion this year, although it could lose tens of millions of dollars in profits a week during even a selective strike. Moreover, the company seems determined to keep labor costs down and continue a modernization program that has so far cost some $35 billion...
...partial shutdown at GM came at a very healthy time for the U.S auto industry. For the first eight months of the year, car sales are up 24.1 % over the same period in 1983, and trucks are up 36.5%. Before the strike hit, the industry was headed for its second-best year in history, with sales of 14.9 million cars and trucks...
...owned Hanna Mining Co. His main task was to bring labor peace to the strike-plagued firm and its 7,000 workers. Mulroney succeeded admirably, raising widows' pensions and distributing worker bonuses when the company broke the $100 million mark in earnings. Faced with the U.S. auto recession and declining demand for steel, Mulroney in 1982 shut down a company mine at Schefferville in northeastern Quebec. The closing put 285 miners out of work and turned Schefferville into a ghost town of boarded-up stores and FOR SALE signs...