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...town that is better known for the flash and brassiness of its bosses, with cuff links the size of silver dollars and stogies the length of private yachts. Although few people outside the industry know their names, the three men who have ascended to power at GM, Ford and Chrysler within the past year have been working hard to accomplish what many said Detroit could never do: reinvent itself and profitably build cars that can stand bumper to bumper with the best the Europeans and Japanese have to offer. After two decades of spectacular management blunders that resulted...

Author: /time Magazine | Title: Autos: Back on the Fast Track | 12/13/1993 | See Source »

...boardroom coup that ousted his predecessor, chairman Robert Stempel, and most of his top executives, Smith ascended with no ritual at all, and settled down to business at the world's largest industrial corporation so quietly that he has seldom been seen or heard from in public since. At Chrysler, Bob Eaton owed his job to another noisy boardroom battle to persuade Chrysler's miracle worker Lee Iacocca that it was time for him to retire. After the dust settled early last year, Eaton drove up alone at 7:30 a.m. to Chrysler's factory gates in Highland Park, Michigan...

Author: /time Magazine | Title: Autos: Back on the Fast Track | 12/13/1993 | See Source »

...Chrysler Corp. announced plans to sell Italy's Automobili Lamborghini, its luxury sports-car and Formula One racing-engine subsidiary, to an Indonesian business group. Terms of the deal were not disclosed but it was rumored to be worth $40 million. In 1987 Chrysler paid $25 million for Lamborghini, mostly as a vanity nameplate; in recent years it has lost money. The buyer was Megatech, a Bermuda-based holding company owned jointly by Jakarta industrialist Setiawan Djody and Hutomo Mandala Putra, a son of Indonesian President Suharto...

Author: /time Magazine | Title: The Week November 14-20 | 11/29/1993 | See Source »

...Starlight Express, what started life as a sweet little piece for children has been inflated to epic vulgarity. The revival that opened on Broadway last week stars a sphinx somewhat shinier and more purple than the original, plus smaller versions of the pyramids and New York City's Chrysler Building. There's one lively visual joke: after a famine, the sheep Joseph's family tended reappear as skeletons. On the human scale, the show stars Michael Damian's pectoral muscles, which are on all but nonstop display. That is just as well because the rest of his talents range from...

Author: /time Magazine | Title: Forward to The Past | 11/22/1993 | See Source »

...Buick, Chrysler and Jeep showed off space-age technology in aerodynamic concept cars...

Author: By Jeffrey C. Milder, | Title: Latest Cars on Display At Bayside Expo Center | 11/8/1993 | See Source »

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