Word: chryslers
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Although he said "I really can't afford to be doing this," Zirois plunked down several hundred dollars for a rental car (his own Chrysler-LeBaron needed repairs) and a hotel room in order to help Buchanan in his bid to redefine the face of Conservatism and shape the future of the Rpeublican party...
...latest figures show that the economy was slowing dramatically as 1995 wore to a close. Christmas sales were even more dismal than first thought; December retail totals rose a mere 0.3% above November's. Year-end inventories of unsold cars were high enough to cause General Motors, Ford and Chrysler to cut some assemblies in January. Consumer confidence, as measured by the Conference Board, a business-research group, fell to a two-year...
DETROIT: Disgruntled Chrysler shareholder and takeover nemesis Kirk Kerkorian has agreed to not increase his stake in the automaker for five years. The move brings to an abrupt halt a rough takeover fight that had played out over much of the past year, as Kerkorian unsuccessfully tried to wrest control of the company. In return for peace, Kerkorian lieutenant James Aljian will get a seat on Chrysler's board. Chrysler also agreed to buy back an additional $3 billion worth of company stock. The move could increase the value of Chrysler stock, and the value of Kerkorian's 54 million...
...political coup by Jack Smith that caught the entire industry off guard. It may be a sign that GM is ready to shake off some of its marketing slumber of the past four years and is ready to aggressively take on industry leaders such as Chrysler." With a limited range of under 90 miles, the car is still a long way from being a practical vehicle for the long-distance drives in the California market. It's main purpose, McWhirter notes, is as a public relations vehicle. "Most of the anti-Detroit sentiment is focused in California, where they view...
...IACOCCA Erstwhile savior of Chrysler a defendant in a lawsuit. The plaintiff: Chrysler...