Word: detroit
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Dates: during 1990-1999
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...Iacocca, father of the Mustang and the minivan, the impresario who engineered one of the most audacious corporate comebacks in capitalist history, left Detroit with a historic legacy. But no sooner had the Chrysler chairman stepped down in 1992 than the wheels began to fall off. His third marriage disintegrated. His 1995 partnering with Las Vegas financier Kirk Kerkorian in an abortive bid to take over Chrysler ended in a fiasco of lawsuits, not to mention accusations of treachery and avarice by his former colleagues...
...home will be at such a fundamental disadvantage. It will be as if they don't have a pen or paper," says Elliot Soloway, a professor at the University of Michigan. He just finished a study in which Internet TVs were placed in the homes of a class of Detroit public-school students, and found it not only benefited the kids but boosted parental involvement as well...
YESTERDAY'S GAMES Tampa Bay 2, Buffalo 1 Ottawa 2, N.Y. Rangers 1 Nashville 4, Vancouver 1 Detroit at Calgary (n) St. Louis at Phoenix (n) Colorado at Los Angeles...
...luxury segment in the U.S., is aggressively pushing to preserve its eroding lead. Last year the company rolled out the Cadillac Seville STS, which blends the raw power and agility reserved for its Chevrolet Corvette with a cabin as quiet as the best European and Japanese sedans. And in Detroit this week executives are introducing what they trumpet as "the future of Cadillac" in a concept car called Evoq, a two-seat roadster with a supercharged V-8 engine, boasting such features as a voice-activated navigation system and e-mail that flashes everything from news bulletins to stock quotes...
...Detroit's wheels see the past as prologue. "We went through this period where you couldn't tell products apart," says Tom Gale, DaimlerChrysler's design chief, whose latest offering is the snazzy Chrysler PT Cruiser, a cross between a minivan and a 1930s roadster. "Now we're finally starting to see a little more identity." Isn't it nice...