Word: detroits
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Dates: during 1970-1979
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...already: the drop in auto sales since mid-November. That could signal a buyer rebellion against the prices that Detroit is charging for many 1978 models that are smaller?though more fuel-efficient?than those of earlier years...
After four years in the trade job, Blumenthal in 1967 became president of Bendix Corp., the Detroit-area conglomerate (auto parts to mobile homes). He rose to become chairman, and under his leadership Bendix was known in business circles as one of the best-managed companies in the country. Beyond increasing sales and profits, Blumenthal argued forcefully, business also has a social role. Long before it became fashionable, he conducted an outspoken campaign for corporations to adopt a code of ethics, urging others to emulate Bendix's openly professed policy of refusing to make payoffs to win orders...
...Detroit's automakers, success is measured by how many cars they sell in a year. The industry takes its pulse regularly, in ten-day intervals, by reporting deliveries of new vehicles by manufacturer and name plate. Those figures can be cause for smiles or scowls, but right now they seem to be causing neither to any great extent. True, new-car sales were down during the Jan. 1-10 period, v. the same period a year ago-the sixth consecutive decline. But neither Detroit's automen nor Wall Street analysts seem particularly worried. As Dick Barrett, a Cadillac...
...sales picture since the start of the 1978 model-year in September has been mixed, with buyers generally favoring Detroit's smaller offerings. GM's Chevette, introduced in 1975 as a response to soaring gasoline prices and mandated federal fuel economy standards, is now the industry's hottest seller; its sales have doubled in the past three months. Ford's Fairmont, a new '78 compact, and Mercury's Zephyr have replaced the Maverick and Mercury Comet. They have also been standouts, with sales jumping 300% over their predecessors...
...loss vs. Detroit in first round of Motor City Classic...