Word: chevrolets
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...front-wheel-drive transmission on the 1966 Oldsmobile Toronado, and in the 1970s he was the leader in one of GM's biggest breakthroughs: the catalytic converter, a revolutionary antipollution device. Stempel has been groomed well for the chairman's post, having served as head of several divisions: Chevrolet, Pontiac, GM's Adam Opel subsidiary in Europe and the Buick-Oldsmobile-Cadillac group. He has never held a job in the finance department...
...road in 1966 to persuade skittish dealers of the merits of the front-wheel-drive Toronado. Later he helped defuse a bitter environmental fight at a major new plant site. Associates say he has a photographic memory for both faces and statistics. While Stempel was general manager of Chevrolet in the early 1980s, he gave a detailed presentation of 17 different vehicles, ranging from the subcompact Chevette to medium-duty trucks -- all without referring to notes. "It was an amazing performance," recalls a senior engineer...
...might tell you that my philosophy represents a very small and marginal section of the baseball community. But I like hot dogs, baseball, apple pie and Chevrolet like everyone else. It's just that my icons come with a few particulars. Thus, the last three and most important commandments...
...high-tech efficiency. The all-aluminum NSX, which weighs just 3,000 lbs., has a top speed of 168 m.p.h. and can accelerate from 0 to 60 m.p.h. in a brisk 5.6 sec. Reviews in the automotive press have been ecstatic. "Compared with the NSX," said Automobile magazine, "a Chevrolet Corvette felt like it was from the Iron Age. A Ferrari 328 felt ponderous, massively challenging to drive, and not terribly quick...
...Detroit rising oil prices could worsen the skid that the U.S. auto industry has suffered since the start of the year. The price increases threaten sales of profitable but fuel-thirsty vans, pickup trucks and full- size cars, including the Chevrolet Caprice and the Lincoln Town Car. That would mean further woes for General Motors, Ford and Chrysler, which temporarily shuttered 45 of their 62 U.S. and Canadian plants and fired or laid off 38,000 workers during the first half of the year...