Word: detroit
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Houston's Elvin Hayes, who chose to sign a $440,000 contract with the pro San Diego Rockets instead of going to Mexico. The tallest man on the starting five was 6-ft. 8-in. Spencer Hay wood, a 19-year-old sophomore from the University of Detroit. The other starters included a 24-year-old Army captain and a 28-year-old rubber-company foreman. And with only three weeks to prepare for the Olympics, the makeshift U.S. squad hardly seemed a match for taller Russian and Yugoslavian teams that had been playing together ever since...
Throughout a summer of sizzling sales, Detroit's auto executives kept revising upward their estimates of how Calendar Year 1968 would turn out. What kept them from getting really carried away was the nagging fear that the 1969 models, which would enter the showrooms by October and bear higher price tags but few major styling changes, might meet with buyer resistance. That fear has all but evaporated. As Ford Executive Vice President Lee lacocca put it, Calendar 1968 is a "lead-pipe cinch" to wind up as the best sales year in history, surpassing the 1965 record...
Beep Beep. The immediate reason for lacocca's optimism is the reception that the '69 models are getting. Last week Detroit reported that sales for Oct. 1-10, the first period during which all '69s were up for sale, were running at an average 34% a day ahead of the same period a year before. The biggest improvement was achieved by Ford, which increased sales by 180% over, last year, when a 49-day strike slowed its business to a crawl. The other three automakers also increased sales: General Motors by 11.7%, Chrysler by 7%, and American...
Peek at the Mirror. As gratifying as its own sales were, Detroit still peeked nervously in the rearview mirror at its foreign competitors, which have been accounting for about 10% of all U.S. sales. In fact, if it were not for a disturbing surge of imports, which will reach a sales level of well over 900,000 this year, a new auto-industry record would be merely an outside possibility rather than a virtual certainty. In any case, many of this year's buyers, whether they prefer U.S. or foreign models, plainly went into the market for the same...
...Last September 2, the author, on assignment from the Detroit Free Press Magazine, went "job hunting" at General Motors National Headquarters in Detroit. His experiences follow...