Word: forded
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Dates: during 1980-1989
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...automakers are jostling one another like the last four cars in a demolition derby. The bumping and grinding began Aug. 15, when General Motors offered customers the rockbottom financing rate of 7.7%. The dramatic GM ploy surprised Ford, Chrysler and American Motors, which last week slashed their financing rates. Ford matched GM's 7.7%, and Chrysler and AMC went even lower, to 7.5%. Compared with conventional car loans, which carry rates as high as 13%, the automakers' deals strike customers as a steal. At Village Ford in Dearborn, Mich., showroom traffic increased 50% last week. "When they come...
...children. The failing local college - is finally abandoned after a bear kills a student, and the town's first Norwegian is a Union Army deserter whose descendants, the Sons of Knute, hold a yearly contest, starting on Groundhog Day, where you bet on the day and hour a 1949 Ford will sink through the ice and into the lake. "Left to our own devices," writes Keillor, "we Wobegonians go straight for the small potatoes...
...high-tech razzle-dazzle of a consumer-electronics trade show. But most of the computer systems on display started at $50,000 and did a good deal more than play video games. At the booth of a company called Intellicorp, engineers from Ford Aerospace were showing off a program for troubleshooting balky satellites. At the Apollo Computer display, a firm called Visual Intelligence had a system to help nuclear-plant operators quickly interpret the kind of instrument readings that confused technicians at Three Mile Island. On a Digital Equipment computer, newspaper specialists from Composition Systems exhibited a program that lets...
Indeed, the speed of the assembly line at Crewe would give Henry Ford ulcers: one Silver Spirit is finished in three months. There is the matter of eleven full hides from Scandinavian steers "kept virtually free from pests and barbed wire," according to the company, for the hand-sewn upholstery. Or the Lombard walnut selected in Milan each year by Rolls experts to assure that each dashboard's unique pattern can be repaired from the same slice of the same tree. Or the famed flying-lady hood ornament, officially "the Spirit of Ecstasy," made by a 4,000-year...
...lines that typically total about $25,000 and can exceed $100,000. Norwest also offers lending programs for cars and boats that can cut monthly payments nearly in half. The loans run for several years and then come due in a lump sum. Automakers too are extending easier terms. Ford Motor Credit estimates that 45% of its 1985 lending has been for 60 months, rather than the 36-month period that was previously typical...