Word: cars
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Dates: during 1970-1979
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...depressing eco nomic statistics continue to accumulate. According to the Department of Commerce, the nation's output of goods and services declined by an estimated 7½% in the last quarter of 1974, the biggest annual drop since World War II. The battered auto industry disclosed that new car sales in December skidded 26% below a year ago; for 1974, they were down a punishing 23%. Unemployment has reached 7.1% and threatens to exceed 8% before the recession bottoms out ? the highest jobless rate since 1961. This week, for one week, the Ford Motor Co. will close...
Murder or Accident. Union officials were suspicious about her fatal car crash; they called in an independent accident investigator, A.O. Pipkin of Dallas. After inspecting the skid marks and finding a telltale dent in one of the Honda's rear fenders, he concluded that a second car had forced Silkwood's auto off the road-thus implying that Silkwood might have been murdered. But the Oklahoma state highway patrol cited an autopsy showing that her blood contained traces of alcohol and methaqualone, which a doctor had prescribed as a sedative. To the police, it seemed evident that...
...with no really significant upturn until August or September. The range of forecasts for total domestic sales is wide: Wall Street Analyst David Eisenberg believes that Detroit will sell no more than 6.5 million autos in 1975, but General Motors Chairman Thomas A. Murphy talks of a 9-million-car year. Though that would be well short of 1973's alltime high of 9.7 million new cars, it would be comfortably ahead of 1958, when only 4.3 million cars were sold...
Rising Prices. The automakers have blamed their recent problems on a number of villains: high car-loan interest rates, costlier gasoline and a shattering of consumer confidence by anti-inflation pronouncements from the Ford White House. But automen have not said much about one obvious sales deterrent: high prices for new cars. On the average, the sticker prices of the 1975 models are about $450 higher than the 1974s. Since the end of the 1973 model-year just 15 months ago, car prices have risen by an average...
...that had become a lunch date 30 minutes late, but took the time to lock his new calculator--an $800 model from Hewlett-Packard that can run a computer program--deep in his trunk, pushing aside neatly arranged tools and a box of his own microphones, still in his car since Yo Yo Ma's last concert. Horowitz tapes many of the cellist's concerts, using equipment he designed and built himself, as he has become good friends with Ma. In college Horowitz played a little cello himself--he was better at building metronomes--and was an early...