Word: fords
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
There could be much trouble, since some labor chieftains seem to be in a battling mood. Last week United Auto Workers President Douglas Fraser, invoking some class-struggle rhetoric that sounded like the 1930s, resigned from the semiofficial Labor-Management Group. That body was set up under Gerald Ford as a forum for corporate and union leaders to meet privately, debate common problems and advise the White House. Said Fraser: "Why pretend that labor and management in this country are sitting down and discussing the great issues of the day and that they have something in common when they...
...typically high-powered week for the top executives of Ford Motor Co. All but one of them, that is. As managers met twice daily in corporate planning sessions with Chairman Henry Ford II at the company's "glass house" headquarters in Dearborn, Mich., President Lee Iacocca sat alone and unattended in his office, which adjoins the chairman's. He was undergoing the bitter wind-down to his firing by Henry Ford a week earlier, and his colleagues were continuing to speculate on what additional changes could be expected...
Iacocca professed no future plans other than to take a vacation later this month, and to have his desk at Ford cleaned out in time for his formal departure on Oct. 15. Auto executives traded rumors all week that Iacocca had been tapped for a top job at Chrysler Corp., a story Chrysler directors denied. Other reports had him negotiating with major corporations outside the auto industry...
...Ford executives, the more immediate question was who, if anyone, will be named to succeed Iacocca. By present reading, the front runner is Executive Vice President William Bourke, 51, who heads the company's North American automotive division. A self-confident and well-traveled manager who converses with authority about world politics and many other subjects. Bourke has hardly been coy about his ambition to move into Iacocca's office. He was not happy to be left out of the 1977 reorganization that set up the office of the chief executive...
...bought a new car-not a Rolls-Royce but a Ford LTD-and headed west. He stopped in Las Vegas and lost some money gambling, but just a modest amount. He drifted on to Oregon, and when he was picked up in Portland, he still had $88,000 left. Said one cop: "A guy who has lived modestly all his life doesn't suddenly become Mr. Big Spender...