Word: fording
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Dates: during 1970-1979
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...lavish party for the daughter of one company official and covered the one-month-only charge account at a top Atlanta department store for the fiancee of another. He contends that Amoco rigged contests at its dealer service stations, and relatives of company executives won costly prizes, including new Ford Mustangs...
...would rather ignore: coke users. And not the ones who drink out of bottles. Those little plastic coffee stirrers that McDonald's gives out with its cups of coffee-the ones with the tiny spoons on the ends-are being used by cocaine sniffers who cannot af ford the silver spoons affected by the beautiful people...
Before the strike, Ford responded warily to Botha's provocations, and kept him on the payroll despite his repeated absences. Since the walkout, the company has said it will rehire any of the strikers who want to return. Only a minority, however, have gone back to their jobs. Last week police raided the homes of strikers; 19 of them were placed in detention. Meanwhile, other firms are bracing for trouble. Says a director of a leading U.S. manufacturer: "We could definitely be a helpless target for these protests. South Africa is going to have to satisfy the aspirations...
...outburst of racial slurs; blacks were accused of "fouling" integrated toilets and making insulting remarks about white women. If the government cracks down hard on the protesters, as it did to quell the rioting in Soweto in 1976, it might spark more unrest. Predicts Fred Ferreira, Ford's industrial relations manager: "Inactivity is not going to solve this problem. Whether we get a black or a white backlash is simply a matter of time...
...profits for manufacturers and dealers, would be the worst hurt. Small cars would increase their market share, which now is more than 50%. Among Detroit's Big Three, ailing Chrysler Corp. would fare the worst. Though 70% of its cars are compacts and downsized models, vs. 50% of Ford's and 30% of GM's, small vehicles are the least profitable, and the company would have to boost output sharply to remain competitive. That would be a difficult step for Chrysler to take. Not only is it experiencing bottlenecks but the company also would have trouble borrowing...