Word: detroit
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Dates: during 1990-1999
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Steve Ballmer is a Ford guy. Period. His father worked for the Ford Motor Co. in Detroit for 30 years, and if Fords were good enough for Dad, then they are just fine for Steve. Still, even a Lincoln Continental seems an unlikely car choice for a man worth $14 billion--give or take a couple of million--but that's Ballmer. His loyalty is limitless...
...DETROIT: If GM is to thrive in the future, the world's largest carmaker needs to remake itself. It must be leaner and more productive, with less workers making fewer models. Company officials knew that -- and certainly the United Auto Workers knew it, too. And when union leadership saw GM trying to make those changes, it decided to fight the future. And the unions...
Saturn's factory-floor democracy turned ornery as Detroit bean counters pushed to cut costs in this eroding market. For example, over the Fourth of July weekend, headquarters called Spring Hill to check on how many people were in the plant working on maintenance chores, accusing them of larding the payroll. "We're working on things, and they're calling down here saying we have too many people," gripes Mike Bennett, bargaining chairman of U.A.W. 1853. "You save a few hundred dollars in overtime, but you could lose millions down the road." If the line goes down, the dollars mount...
...share, which has declined from 35% in the early 1990s to 31.1% in 1997. A buoyant North American economy cushioned the pain of losing share--the company earned $6.7 billion last year--but has masked the severity of the company's strategic woes. Last week a report issued in Detroit by Harbour & Associates, an automotive-consulting group, showed that GM lagged behind its rivals Ford and Chrysler in productivity and profitability. For example, GM takes an estimated 5.46 worker-hours to stamp out such components as fenders, doors and hoods. Ford and Chrysler take 3.42 and 2.96, respectively...
...life I've hated them. Growing up in an American League city in the 1950s, it was impossible not to hate the Yankees, unless you were an egregious front runner. The Detroit kids I knew who liked the Yankees were the same kids who wore preknotted ties to school, had perfect parts in their hair and were really good at making dioramas. They liked General Motors too and, for all I know...