Word: detroit
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Dates: during 1980-1989
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While the rest of the U.S. economy is still creaking forward, the recession monitor is flashing yellow in Detroit. The reckoning was postponed for months by the Big Three's inveterate optimism, which kept assembly plants cranking out cars as though nothing were wrong, and by Detroit's ever sweetening sales incentives. But by the end of the year's second quarter, evidence of a reversal was clearly at hand: during the first six months of 1989, total car sales in the U.S. fell 7.2% from last year's first half, to 5.1 million...
Last week, as in all recent weeks, housecleaning swamped the rest of his agenda. The Secretary did win a brief respite from his headaches by traveling to Detroit, where he achieved a rare feat for a Republican leader: he received three standing ovations from the N.A.A.C.P.'s annual convention. Kemp admitted candidly that the G.O.P. was "nowhere to be found" in the great civil rights struggles of the 1960s and vowed that his party will change. He called on South Africa to "let our people go." But such pleasantries inevitably faded as he addressed the mess at HUD, earnestly vowing...
...Miata is a rolling rebuke to Detroit, which has continued to lose ground to Japanese automakers amid slumping car sales. Mazda spent only about $100 million to develop the Miata, a fraction of what U.S. manufacturers typically spend to bring out a new model. For one thing, the Miata is devoid of digital display panels, electronic suspension and other costly gewgaws favored by Detroit's Big Three. Instead, Mazda lavished attention on Miata's engine, a 1.6-liter, four-cylinder model that uses more valves per cylinder (four instead of two) to provide greater zip. Mazda also focused on such...
...building the Miata in a plant in Hiroshima, plans to sell about 20,000 of the cars in the U.S. during 1989 and 40,000 next year. That is only a small portion of the 10 million-car U.S. market, but the Miata represents another little dent in Detroit's battered pride...
...relative committed suicide, seeing it as a blemish on the good name of the family." Since suicide can be contagious, many families rightly fear that a son or daughter, a brother or sister, may be inclined to imitate the act of self-destruction. But "depression is a disease," says Detroit psychiatrist Karole Avila. "The way to rip away the veil over suicide is to destigmatize...