Word: eaton
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Last week TIME's editors interviewed Chrysler chairman Robert J. Eaton, General Motors CEO John F. Smith Jr., and Ford chairman Alex J. Trotman at the Detroit Athletic Club. Here are some highlights...
...Eaton: I think, basically, people recognize that we are in a global environment, and frankly, that's what our competitors have been doing for a long, long time. And we weren't permitted...
...Eaton: There's no question about it. All three of us have had experience in Europe and elsewhere overseas. And we were the only nation that had an adversarial relationship between industry and our government. Everyplace else it's exactly the opposite -- it's a very cooperative relationship...
...Eaton: We'd love...
...Eaton: Yeah, we would welcome a consumer pressure for higher consumption, not a government regulation. We want to be in a position of satisfying our customers, not some law that doesn't relate to customers' desires...