Word: chrysler
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Dates: during 1970-1979
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...biggest capital spenders are electric utilities, which are rushing to keep up with ever rising demand, and textile makers, who are in the midst of a boom. In the auto industry, where sales are soaring, Ford will increase its spending 40%, to $1.4 billion this year, and Chrysler will raise outlays 18%, to $450 million. But GM's planned spending of $2.5 billion will only about match last year's pace...
Luxury cars, including Cadillacs, Lincolns and Chrysler New Yorkers, are selling briskly. And now that gasoline prices have leveled off, at least temporarily, some full-size models, among them the $6,500 Buick Electra, are regaining favor with family buyers. But the big winners so far are the fancier compacts and small, sporty cars that promise buyers both economy and plenty of options and pizazz...
Ford's high flyers are its mid-sized Granada and Lincoln Mercury Monarch models. At Chrysler, which has rebounded smartly into the black this year after losing $260 million in 1975, the sales stars are the mid-sized Cordoba and the popular new Aspen and Volare compacts. All of the Big Three are also getting a substantial lift from surging sales of vans and pickup trucks, which are up 40% this year, mostly because of their popularity in what some auto executives describe as the "blue denim" market. Says Chrysler Executive Vice President Richard K. Brown: "They used...
...trim car size and weight if it is to meet a congressionally imposed gas economy standard of 27.5 miles per gallon by 1985 (v. an average of 17.6 m.p.g. for the 1976s). GM plans to introduce smaller, more fuel-efficient versions of its heavy standard-sized models this fall. Chrysler is currently offering a Japanese-made sub-compact called the Plymouth Arrow and intends to produce its own domestically built subcompact next year. Whether or not American motorists can ever learn to love them, smaller cars appear to be firmly in their future...
...barrister's office in Dickens' day." But the drives of 17 years of public life would not relent. "In some ways," he says of his cases, "I'm still a prosecutor." Albeit without such perks of office as his enormous public visibility and his black Chrysler complete with telephone, two-way radio and police siren...