Word: fords
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Dates: during 1990-1999
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...international operations for Goldman Sachs. For Clinton, the overriding goal was to prevent a financial crisis whose victims could have included up to 700,000 Americans holding jobs tied to exports to Mexico. In the past six weeks, U.S. manufacturers have already sharply pared their forecasts for Mexican business; Ford chairman Alex Trotman conceded last week that his company's plans to double exports to Mexico in 1995 were now just ``a pipe dream.'' Instead, the industry expects total Mexican sales to fall by one-third from last year's total of 600,000 vehicles...
...Freeman), evocative music (blues and gospel) and the plainspoken words of people who lived through it. They are mostly anonymous folks, free of sanctimony or self-importance. People like Uless Carter, a bespectacled, Mississippi-born minister, who reminisces with the sweet-tempered grace of a character in a John Ford western. Or James Hinton, one of 22 children of Alabama sharecroppers, who later owned a Chicago barbershop and whose gentle, unhurried gravity is something close to poetry. Like this series...
...course, getting smart costs money, as do the growing number of federally mandated improvements, and Detroit is passing on a good part of that cost to consumers. In recent months, average spending on a new car has exceeded $20,000 for the first time ever, and Ford economists predict this cost will rise to $30,000 by 2002. Indeed, the average family now spends more than half its annual income for a new car, compared with only a third in 1974. And the 4.7% average price rise for the new model year is running ahead of the current 2.7% annual...
Even among enthusiasts in Detroit, concerns about the basic premise of a smart car abound. "There is a potential problem with the customer if the car knows more than he does,'' says Ford's Hoen. "Do you want the car to stop you? What if a semi trailer is right behind you? Maybe you'd just want to pull off into the weeds instead...
...clobbered by rising interest rates. The past three years were heady ones for Detroit, which saw car and truck sales climb 8% in 1993 and an additional 8.6% in 1994. But with sales expected to grow just 3% this year, automakers are scaling back production schedules and idling plants. Ford, which had declared three temporary closings in January, said it would also shut a Canadian plant that makes full-size Crown Victorias for a week beginning Monday, and close a Ford Thunderbird and Mercury Cougar facility in Ohio for two weeks...