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...companies shift production south to take advantage of industrial wages in Mexico that are roughly one-sixth of those in the U.S. and Canada. The U.S. auto industry alone could lose thousands of positions. Mexican workers earning less than $20 a day are already building hundreds of thousands of Ford Mercury Tracers and Buick Centuries in Hermosillo and Ramos Arizpe and shipping them north. Under the pact, the Big Three's presence south of the border will surely grow in the next few years...

Author: /time Magazine | Title: Megamarket | 8/10/1992 | See Source »

Detroit finally had something to smile about. After 15 months of record- breaking losses that were included in last year's total of $7.5 billion for the U.S. auto industry, both Ford and Chrysler reported solid second-quarter earnings gains totaling $680 million. And the government of China put in an order to the U.S. Big Three for $130 million worth of utility trucks and minivans -- about what they sell during a full year in Japan...

Author: /time Magazine | Title: Struggling Back Into the Black Ford and Chrysler make some money for a change | 8/10/1992 | See Source »

Harrison is forcefully present on every page. Although she treats subjects as diverse a Francis Ford Coppola, Nadia Comeneci, a Vermont religious cult, racial tensions in New York and ethnic conflict in Yugoslavia, her book retains a logic and cohesion through Harrison's distinctive voice and sensibility...

Author: By David S. Kurnick, | Title: Grooving on This Astonishing World | 8/7/1992 | See Source »

...Gerald Ford...

Author: /time Magazine | Title: Campaign Quiz | 8/3/1992 | See Source »

NELSON ROCKEFELLER (1976). With Gerald Ford facing a challenge from Ronald Reagan for the Republican nomination in 1976, Rockefeller served as a lightning rod for conservatives, who had never forgiven him for opposing Barry Goldwater in 1964. Rocky tried to appease the right wing by attacking welfare "cheats." To no avail: Ford's campaign manager described him as the President's "No. 1 problem" in winning the G.O.P. nomination. In November 1975 Rockefeller jumped off the ticket before Ford could push him. Ford replaced him with Kansas Senator Bob Dole, but the ticket lost to Jimmy Carter and Walter Mondale...

Author: /time Magazine | Title: When Push Came to Shove | 8/3/1992 | See Source »

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