Word: gerstenberger
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...four in finance), Murphy, 58, took the final step in from the cold; the serious, spectacled accountant was named chairman and chief executive of General Motors, the most prestigious corporate post in the world. "Murph" will take office Dec. 1, a week after his predecessor, Richard C. Gerstenberg, who earned $923,000 in salary and bonus last year, reaches GM's mandatory retirement...
...argument for urgency is persuasive. Last week the Government revealed that business capital spending, which had been expected to increase by between 13% and 18% for the year and help soften any recession, had risen by a modest 6.5% through the first half. General Motors Chairman Richard C. Gerstenberg predicted a mere 5% sales gain for the auto industry in the 1975-model year beginning this month-cold cheer, since 1974-model sales were disastrously...
...court, and it is doubtful that the White House would permit the Justice Department to take the case. Since he has no other option, Dunlop's only hope of containing the auto-price rise appears to lie in bargaining with GM, the price leader. GM Chairman Richard Gerstenberg stated at week's end that his company's production costs have risen $200 per car and that GM has asked the COLC to approve a price increase. He did not say what he will do if Dunlop turns him down...
...Multiple-car ownership could spread beyond the one-third of American families that already own two or more vehicles, but the pattern will be different. "The more variety you have in small cars, the more people who have one car will want two," says GM's Gerstenberg. A small, unostentatious car will be the workhorse for commuting and shopping. The second vehicle could be any of a number of special-purpose types, depending on family habits and interests: a camper for vacations, a pickup truck for light hauling, a sports car for pleasure driving?perhaps even a large sedan...
...Where the hell is a better transit system for a city of 200,000 than a first-class bus system?"asks GM's Gerstenberg. The car manufacturers' self-interest is obvious?they are the big busmakers?but they have some convincing statistics. The auto has brought about such a gigantic demographic dispersion that only rubber wheels can effectively tie a metropolitan area together...