Word: gm
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Dates: during 1970-1979
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...years. Changes range from a reduction of $211 in the price of the Monza Towne Coupe to an increase of $808 for the racy Corvette; the price of the popular Chevy Impala four-door sedan will increase by $158 to $4,706. Other Detroit carmakers are likely to follow GM's price lead...
...consumers expecting to pay only 4.4% more for their new cars are in for a surprise. Optional features, such as air conditioning and power steering, will average 6% higher than last year, and GM models will generally carry less standard equipment. Many once standard items like tachometers, steel-belted radials and power brakes have been made optional-particularly on compacts and subcompacts-and the buyer will have to pay extra if he wants them. In effect, higher options prices will add another $62 to the final price of an average car, for an overall increase of 4.7%. GM Chairman Thomas...
...face some tough decisions of their own if they are to make Chrysler consistently profitable. They will need to further revamp its product line, which is currently top-heavy with models that have sold poorly in spite of cash rebates. But the company has far less money than either GM or Ford to spend on developing new models. Its share of the new-car market has fallen to 15% now from 19% five years ago, mainly because, according to critics, Chrysler has paid too much attention to engineering and bookkeeping and not enough to figuring out what car buyers really...
...Speedometers on many new GM models use "dual graphics" to record both k.p.h. and m.p.h. (in contrasting colors); metrically measured auto engines are rolling off the four-cylinder-engine assembly line at Ford's Lima, Ohio, plant...
...Arabs are out to stop him before he sells his process to General Motors, thus weaning the West away from its petroleum habit. When all seems lost, one of the bad Arabs reveals himself to be a good Arab, determined to make peace with Israel and save the GM third-quarter profits. Some of the figures in this fantasy-notably an ancient tyrant in French Intelligence-are worth a smile...