Word: chrysler
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Dates: during 1970-1979
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Rare Test. By contrast, Ford and Chrysler, who must meet the same Government requirements, decided that they had to have styling changes this year as well. The fate of the new models in the showrooms will thus provide a rare test of Sloan's Law. Chrysler Corp. is promoting style changes in such full-sized models as the Plymouth Fury, Dodge Polara and Monaco, and Chrysler Newport, New Yorker and Imperial. Newly sculpted body and roof lines, and new front and rear styling will be the big difference. Says Elwood P. Engel, Chrysler's vice president of styling...
LYNN TOWNSEND, chairman of Chrysler Corp. "Nixon may say he has inflation and unemployment under control, but I have seen no figures to indicate that he has solved either problem. I am against wage and price controls, but we cannot let this situation go on forever. The economy has the people scared. If we do not begin to see evidence of a decrease in inflation soon, the Government will have to take drastic action." RAYMOND SAULNIER, former chairman of the CEA (1956-61). "I'm afraid that wage inflation has gone so far now that it requires much more...
...among golf's alltime money winners. (Palmer leads, with $1,364,898.) Besieged by sponsors waiting to have their wallets tapped, he also has a host of lucrative endorsement deals with, among others, Blue Bell, Inc. (sportswear), Abbott Laboratories (golf equipment), Stylist Shoe Co., Downtowner Motor Inns, Chrysler's Dodge Division, and, of course, the Dr Pepper Co. In addition, Lee Trevino Enterprises Inc. is readying a TV series called Golf Celebrity and a $1.5 million luxury apartment complex in El Paso called Casa Trevino...
Detroit just sighed. "The test procedures have been made easier," said a Chrysler official, "but we still don't know whether we can accomplish the goals." Herbert L. Misch, Ford's vice president for engineering and manufacturing, was more explicit. Between the 1962 and the 1970 models, he said, Detroit cut carbon-monoxide emissions by 70% and hydrocarbons by 80%. "Thus," he complained, "the task presented to us of an additional 90% reduction is formidable. We are most pessimistic about our ability to comply with the 1976 requirements on nitrogen oxides...
...able to send in many products?including unlimited quantities of oranges and some airplanes and machinery?or to invest in the manufacturing of large computers, certain electronic items and petrochemicals. The Japanese government rejects many investment applications, stalls on others, attaches unacceptable conditions to still others. Ford and Chrysler have been delayed for years in attempts to buy into the booming Japanese auto industry, and General Motors has won permission for only a limited investment: 35% ownership of a joint venture with Isuzu Motors, a truck maker. Says James Adachi, president of the American Chamber of Commerce in Japan...