Word: benz
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Dates: during 1970-1979
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Rhodesia has a special meaning for Rowland: it is where the India-born entrepreneur got his start. Emigrating from London to Salisbury in 1948, Rowland used a small fortune acquired from a local Mercedes-Benz dealership to buy up 30% of Lonrho in 1961; at that time it was a sleepy ranching and mining company known as London and Rhodesian Mining and Land Co. Ltd. He then embarked on a strategy of befriending black nationalist leaders on the way to furthering his business interests. It paid off: Lonrho's holdings now include an estimated 1 million acres of Rhodesian...
...airplane tickets and the use of a car. The tourist who has flown from New York City to London for $138 finds that he must pay $575 for a round-trip economy flight from England to Athens. In Germany, where the visitor might expect to rent a small Mercedes-Benz 200 for a reasonable sum, he will find that it costs $82.60 a day, plus 30? per kilometer, plus gas, which can cost $1.75 per gal. on an autobahn. Obviously, the U.S. tourist needs to plan his trip with pfennig-pinching, shilling-saving, franc-squeezing acumen. If he does...
These days Flick, a shy-looking industrialist with horn-rimmed spectacles, has a problem, and it may cause a lot more smashed crockery in those Munich beer cellars. He pocketed $1 billion when in 1976 he sold to a German bank 29% of the stock of Daimler-Benz, which makes Mercedes cars. Under West Germany's tax code, Flick has to spend all of that sum by Dec. 31 in ways that will "benefit the national economy"-or else pay 50% in capital gains and income taxes...
...years of his sentence. Released in 1950, he was ordered by the Allies to sell his rich holdings in either coal or steel. He chose coal and collected more than $50 million, which he used to build an even more prosperous empire based on petrochemicals, paper, steel-and Daimler-Benz stock. Today the Flick Group is a $4-billion-a-year conglomerate of some 100 companies that make products as diverse as bathtubs and Leopard tanks for the Bundeswehr. After Papa died...
...Excalibur, which echoes the lines of the classic '28 SSK Mercedes-Benz, comes close to being an original; everything save the 454-cu.-in., 215-net-h.p. Chevrolet V-8 engine is built from hubs up in Milwaukee. The $64,500 Stutz Blackhawk VI starts out as a new wide-track Pontiac Grand Prix, which is sent to Turin, where Italian descendants of descendants of coachmakers handcraft a body of 18-gauge steel (twice the weight of Mercedes metal); the Shah of Iran is said to have ordered twelve of them...