Word: gm
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Dates: during 1970-1979
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...while further blurring the already fuzzy categories of car size. That fuzzifying began in earnest with the current model year, when General Motors inaugurated the downsizing trend by whacking nearly half a ton off the average weight of its full-size models. This time the other automakers are following GM's lead, with the result that a 1978 full-size car will be about as big as a 1977 mid-size model, and a 1978 intermediate will look more like a 1977 compact...
Though Detroit automakers have been opposed to air bags, their reaction was mixed. GM and Ford sounded as if they were tired of fighting. GM pleaded that they would "do the best possible job" to comply with the ruling; Ford Vice President Herbert Misch praised Adams for the long lead time...
...biggest problem with air bags so far is that they have not sold well: GM last year dropped bags as an optional extra on Cadillacs and other large cars because so few people bought them. The evidence is good for the effectiveness of bags in saving lives and minimizing injuries in city and highway traffic; in 92 crash situations involving cars equipped with air bags, most of the drivers escaped with either no injuries or only minor ones. Detroit still faces the necessity of perfecting a bag system that will work flawlessly every time, even years after...
...convictions were rare-but jail terms for contempt of the grand jury (refusal to answer questions) were not. Complaints about federal grand jury abuse have not been confined to the left, however. Last week General Motors Corp. Attorney George Moscarino accused IRS agents of abusing the system by summoning GM employees before a Detroit grand jury on what he considers to be a civil tax matter, presumably so they could be forced to testify without the aid of an attorney. In general, says U.S. Judge William J. Campbell, "the grand jury is the total captive of the prosecutor...
...Jimmy Carter, the Chief Executive of the U.S. ($200,000 plus housing), and Thomas Aquinas Murphy, the chief executive of General Motors ($950,000 including bonus and stock options). Does it mean that society feels that what is good enough for the nation is not nearly good enough for GM? Hardly. The disparity can be tracked not to some hidden spectrum of social values but to two distinct systems of compensation. In business, pay levels are established by clear criteria toward the equally clear purpose of increasing production and profit; by and large, the system rewards most those most crucial...