Word: cars
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...same time, the automakers' sales drive has picked up some surprising outside support. Dozens of companies, some of them suppliers of automotive parts, others located in the hard-hit Detroit area, are also paying rebates to their employees who buy new cars. Sperry and Hutchinson is offering 50,000 Green Stamps (nominal value: $125) to car-buying employees. Gulf + Western, Libby-Owens-Ford Co. and Budd Co., among others, are offering $100 sweeteners...
Still Dismal. Sharply skidding car sales have played a major part in tipping the economy into its present deep recession. Production cutbacks have closed 20 auto plants; almost 300,000 workers-one-fifth of the industry's total-have been laid off. Automen complain that sales have been depressed by shrinking consumer confidence caused largely by Washington's inability to cope with the nation's inflation, recession and energy crisis. Another explanation comes from Auto Analyst Alfred Nelson of the Wall Street brokerage house of Cyrus J. Lawrence. Says he: "The sticker price went up an average...
Even a numskull like me can see contradictory messages coming from those who propose solutions to economic problems. The President believes that the public will use tax rebate money to rush out and buy new cars and help rescue the ailing auto industry. At the same time, he proposes upping the price of gasoline to discourage the use thereof. Now why would I want to buy a new car just to take it home and put it in the garage? Demand for fuel is governed less by price adjustment than by the number of vehicles in operation. Rationing, either direct...
Major Championships. An elder in the Mormon Church, Miller is a family man who neither drinks nor smokes. His principal indulgence is a Porsche Carrera racing car, which he says he has driven at up to 140 m.p.h. He owns a condominium in Hilton Head, S.C., but calls home a new $300,000 house bordering the tenth green at the Silverado Country Club in Napa, Calif. He met his wife Linda while attending Brigham Young University on a golf scholarship, and says that he prefers weekends at home with her and their three children to the grind of the tour...
...expensive dress shops, Vice President Stanley Korshak Jr. reports that business has been running 20% ahead of last year. "We're spending it while we have it," he says, adding: "When faced with uncertainty, we are liable to do strange things." Korshak, for one, has bought his first car in eight years and is going skiing at Vail...