Word: daimler
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...kidnaping of 1971 was pulled off one morning last week with a panache born of practice. As a street vendor in the Old City of Montevideo reached into the pile of lettuce on his pushcart and pulled out a machine gun, four cars blocked the route of a black Daimler sedan. Out jumped a dozen men, who seized and clubbed two bodyguards and a chauffeur, and drove off triumphantly in the Daimler with their latest captive-and their biggest prey to date: British Ambassador to Uruguay Geoffrey Jackson...
...just completed a plant in Uusikaupunkt, an undeveloped area of Finland, to roll out 15,000 cars a year, about one-third of which will be sent back to Sweden; the Finnish workers get about half the pay that Saab's Swedish employees do. West Germany's Daimler-Benz has invested $6.6 million in a Yugoslav truck and bus plant and supplies technical help, in return for which it will get spare parts made for Daimler-Benz's German plants at low Yugoslav wage rates. Japanese manufacturers are dickering with India for component parts for sewing machines...
Only three weeks after Chancellor Willy Brandt and Premier Aleksei Kosygin signed the Treaty of Moscow, economic cooperation between West Germany and the Soviet Union was already on the road. West Germany's Daimler-Benz last week confirmed rumors that it is indeed negotiating with the Soviets to build what would be the world's largest truck plant on the banks of the Kama River, 560 miles east of Moscow. The West German automaker also announced that Soviet Automobile Minister Aleksandr Tarasov will go to Stuttgart later this month to discuss the project. As a spokesman for Daimler...
...Daimler-Benz, Western Europe's largest manufacturer of heavy trucks, as well as the producer of the elegant Mercedes automobiles, is trying to line up a consortium of Common Market truck makers for the Soviet project. Discussions are already under way with France's Renault. Another likely member is Italy's Fiat, which is building a huge auto plant in Stavropol, which was renamed Togliatti in honor of the late Italian Communist leader. Daimler-Benz wants help in financing the $1.09 billion project; the Soviets will repay the loan over a long term at rates...
...managerial know-how on which Russia rests its hopes of bridging its technological gap with the West. U.S. Defense Secretary Melvin Laird may be able to pressure Henry Ford out of building a truck factory in the Soviet Union; but a European consortium headed by the German firm of Daimler-Benz is a highly acceptable alternative...