Word: forde
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George Smith, Paula Ford '88 and Dean George-falvy are also members of the delegation...
...move by corporate America towards investigating the problem has been made by the Ford and Rockefeller Foundations, which have funded the Morehouse Research Institute. The Institute, which Keith hailed as a definite step in the right direction, will have its first national conference in March...
Detroit's automakers, awash in profits for the past four years, are in a severe drought. When the Big Three last week announced their profits for the fourth quarter, the cost of their incentive programs was all too clear. While car sales dropped 20%, profits plunged much more. Ford's declined 73%, to $314 million, while General Motors' fell 50%, to $700 million. Chrysler lost $664 million, its first deficit since...
...production glut and a consumer hunger for bargains, the Big Three have become dependent on incentives to move merchandise. Result: even when car sales are decent, profit margins are thin. General Motors said it gave up $5 billion in incentives in 1989, or $900 for every vehicle it sold. Ford pegged its incentives at $1,000 per vehicle, Chrysler at $1,200. As part of its current restructuring, Chrysler last week announced the $825 million sale of its aircraft subsidiary, Gulfstream Aerospace, to a management-led group...
...part of the leftover Iran-contra scandal that keeps snarling at his polished heels like a nasty attack dog. He had every right to repair to his bright Bel Air home, high above the smog, and have a little bit of the post-White House blues like Johnson, Nixon, Ford and Carter...