Word: fording
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Dates: during 1970-1979
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Historically, Chrysler has played weak sister to General Motors and Ford, suffering from a combination of financial mismanagement and lack of foresight. Chrysler still has not quite admitted that the Age of the Big Car has ended. This fall, Lee lacocca, chairman of Chrysler, insisted that the auto industry's biggest profits were to be found not in small, but in intermediate-sized luxury cars, loaded with special options...
...impressive, some problems persist. The President is having difficulty filling top jobs in his Administration, in part because potential nominees are reluctant to commit themselves to a boss who may have only a bit more than a year in power. According to Washington rumor, such top businessmen as Henry Ford II, General Electric's Reginald Jones and Xerox's Peter McColough have turned down the post of Secretary of Commerce. Carter last week approved California Federal Judge Charles B. Renfrew as Deputy Attorney General. But Renfrew's formal nomination is being held up because Hispanics consider...
...page secret report about the ability of the U.S. to monitor Soviet compliance with SALT, and transcripts of the three Senate committees that have been hearing testimony on the pact. He has also discussed SALT's details and geopolitical significance with, among others, Jimmy Carter, Gerald Ford, Henry Kissinger, heads of several NATO countries, and, during a special summer visit to the Soviet Union, Communist Party Chief Leonid Brezhnev. With this background, Byrd expects to be able to advise those Senators who may be unsure of the issues. And as majority leader, he can be expected to pressure...
...boardroom was part of a trade in which the U.A.W. chiefs let Chrysler off with an easier three-year wage pact than those recently signed with General Motors and Ford. The company will save about $200 million by deferring payments into its pension plan next year and a further $203 million over the next two years by delaying some wage raises and benefit improvements. By the end of the three years, however, Chrysler workers will be earning the same as GM and Ford employees, and the industry's hourly labor costs-wages, fringe benefits and pensions-will have jumped...
...There's a Ford in your future," ran the familiar ad. For retired Heavyweight Muhammad Ali, 37, Ford is in the past; it is a Toyota that beckons. Window-shopping in Beverly Hillsi Calif., Ali tried the driver's seat of a 1909 Ford Tour-About. Meanwhile, for Toyota, personal appearances and Ali plugs in Arabic are being planned for the champ in Saudi Arabia. The auto company hopes his well-known face and Muslim religion will persuade Saudis to go Toyota...