Word: carly
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Dates: during 1970-1979
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...shifted to Taipei's Grand Hotel when 20,000 protesters gathered in front of the ministry. Some demonstrators stomped on heaps of peanuts, yelling, "This is Carter!" One desperate taxi driver doused himself with gasoline and, shouting "Long live the Republic of China!" set himself afire in his car; he was rescued and sent to a hospital...
Ford last month jacked up prices on all its big cars, including its fast-selling Thunderbirds (by $128) and behemoth Lincolns (by $267). To encourage small-car sales, Ford left intact the prices on its fuel-efficient but slow-selling Pintos and Bobcats...
Financially troubled American Motors took a different approach. The company lost an estimated $65 million on its conventional cars in 1978, and sales of all of its cars, except the Jeep, were down 30% in November from the same month a year ago. So A.M.C. has decided to woo customers to its new, small Spirit model with price reductions and freebie options, such as AM radios and whitewalls, that could save the buyer as much as $284 on the price of the car...
...stakes can be steep: for each one-tenth of a gallon that its fleet falls below the required 19 m.p.g. average, a company must pay a federal fine of $5 for every car it sells. Since GM sells around 5 million autos annually, a shortfall of one-tenth of a gallon could result in a fine of $25 million...
...increases that have been tacked onto sticker prices of large cars and big engines should more than offset any fines that Washington may hand out. Thus, the cost of compliance with the new regulations-or the fines-ultimately will be picked up by the inflation-weary car buyer...