Word: chryslers
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...make it illegal for existing health-care organizations, such as Kaiser Permanente, the largest nonprofit HMO (enrollment: 6.6 million people), to restrict their patients to a carefully chosen roster of physicians employed full time by the plan. Says Dr. David Lawrence, who heads Kaiser Permanente: "This is a massive Chrysler bailout for inefficient doctors. We don't take just any doctor. This strikes at the heart of what we've been doing for 50 years: trying to find the best doctors and figure out the best ways of helping patients...
...Three auto exports from the U.S. and Canada to Mexico for the first quarter reached 9,925 units, compared with 9,479 exported during all of 1993. Chrysler, Ford and GM are expecting to export a combined 55,000 cars and trucks to Mexico...
...come loaded with leather upholstery, cup holders and cellular phones, have replaced luxury cars like the Lexus as the baby boomer's favorite way to tool around the neighborhood. Detroit is rushing out increasingly pricey models, and foreign luxury-car makers are jumping in too. Just last week Chrysler confirmed plans for a large upscale sports vehicle that may sell for as much as $40,000 when the first one arrives by 1998. It will square off against a Mercedes-Benz model that the German company will build in Vance, Alabama, and plans to sell for as much...
Meanwhile, American companies are straining to keep up with the demand for existing vehicles. Sports-utility sales rose 16.5% in 1993 and have increased 18% so far this year. With those kinds of gains, Chrysler is adding a third shift to build Grand Cherokees around the clock at a Detroit plant this fall. Chrysler is also reopening a Missouri facility that it closed down four years ago and will now use to make Jeeps. For its part, Ford is converting a St. Louis plant that currently makes Aerostar vans to sports-utility production at a cost of nearly $600 million...
...manufacturers -- have given much thought to the low gas mileage that could limit the appeal of these cars during the next energy crunch. Jeep Grand Cherokees equipped with V-8 engines get only 14 m.p.g. in city driving, for example, compared with 20 m.p.g. for the comparably priced Chrysler Concorde sedan. But carmakers profess few worries. "In America gasoline prices are so cheap they're virtually irrelevant," says a Mercedes official. "And in Europe the high cost of gasoline doesn't play a role with those who can afford these vehicles." (In Japan, though, Toyota three weeks ago unveiled...