Word: benzes
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Dates: during 1950-1959
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...must sell itself." He constantly preaches quality, plasters plants with signs proclaiming, QUALITY CAN'T BE REPAIRED INTO A CAR. He fears that as the U.S. living standard has gone up, the pride of the U.S. worker in doing a quality job has gone down. "Mercedes-Benz products are the highest crafted autos in the world," he says of the West German cars that S.P. distributes in the U.S. "We couldn't build the kind of product Mercedes-Benz builds." Mercedes' maker, Daimler-Benz, also has a high regard for Churchill. It has invested about...
...Common Marketwide counterpart of the U.S.'s National Association of Manufacturers. And throughout the Six, industrial amalgamations and alliances are being negotiated at a dizzying rate. Italy's Alfa Romeo has signed car-marketing agreements with France's Renault and Germany's N.S.U. Daimler-Benz (Mercedes) is negotiating with Peugeot, and France's Conord (household appliances) has already established a subsidiary in Cologne. Even commercial banks are getting into the act: France's Credit Lyonnais and Germany's Dresdner Bank have exchanged 50 employees as part of a training scheme...
...bold step toward denationalization (TiME. April 13). But markets are so thin that a little buying can send a stock to giddy heights. Four-fifths of West German corporate stock, for example, are locked in institutional portfolios. Companies are reluctant to float more because of heavy taxes. Daimler-Benz has 93% of its stock in the hands of institutions and other companies; in the past month, buyers of small amounts of floating stock propelled the price from $243 to $363 within ten days...
...straight Hollywood foreign intrigue: the night scene at Lisbon airport, passengers to Rio de Janeiro fretting at Flight 289's unexplained two-hour delay. A black Mercedes-Benz slips onto the runway. A man scuttles out, clambers into the airliner. Forty-five minutes later, 20 plainclothes policemen dissolve into the darkness, and the great silver plane roars off into the Atlantic midnight...
...already "Your Highness." "Take care of yourself," said a relative who had come to see her off, "when you go over there." A little after 6 a.m.. her eyes blinking back the tears, Michiko Shoda, 24, bowed stiffly to her parents, entered the antique maroon Mercedes-Benz sent by the palace, and was off to begin her life "over there" as the first commoner in 2,600 years to wed a future Emperor of Japan...