Word: detroit
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...boldest acquisition in his company's history. Two years ago, Smith revealed that the world's largest automaker (1984 sales: $83.9 billion) was courting a mysterious "lulu" of a company, one that would help transform GM from something of a stodgy powerhouse into a high-tech star. Now the Detroit giant was driving off with its prize. After a contest in which it outbid Ford and Boeing, GM agreed to acquire Hughes Aircraft, a major defense contractor (1984 sales: $5.8 billion), for more than $5 billion in cash and stock. The landmark deal is the largest non-oil merger ever...
Smith's handiwork can already be seen throughout the corporation. Bent on beating the Japanese, he startled Detroit by deciding first to join them. In addition to importing autos from Japanese manufacturers, Smith has taken the unprecedented step of creating a joint venture with Toyota to build a small car in California. He further shocked the unwary by establishing a separate company to produce the subcompact Saturn, which will bear GM's first new nameplate since the Pontiac was introduced in 1926. Saturns will start rolling off the assembly line in two years...
Named to the A.B.A. All-Rookie team in St. Louis during the last premerger year, Carr next moved to Detroit. No Piston was more aptly surnamed, and none had a finer sense of mischief. Tweaking a fashion of the times, Carr announced that he was changing his name to Abdul Automobile. But after three years of only personal prosperity, he felt somberly incomplete. "I was second or third in minutes played, averaging 18 or 19 points a game. Statistically everything was right. But I wanted to be a winner. I went free agent and, though New York offered the most...
...Silas reached Boston, he was the first solid brick in the foundation of the Phoenix Suns, and after Silas departed four years later, he helped Seattle win a World Championship. But in retirement he thinks of himself as a Celtic. Bailey Howell may have been a better player in Detroit and Baltimore, but he is a Celtic. Though Wayne Embry was just a momentary understudy for Bill Russell in Boston, it is as if he never cared about having started all those years in Cincinnati. Carr reasons, "Everybody in sports is on an ego trip to a certain degree...
Elsewhere in baseball, infielder Darrell Evans of the Detroit Tigers, who hit four home runs and drove in 11 runs last week while hitting .414, was named the American League's Player of the Week...