Search Details

Word: gm (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
Sort By: most recent first (reverse)


Usage:

...with a $100 billion company to improve one's prospects. Or so Swedish automaker Saab-Scania AB hopes. Saab last week agreed to sell General Motors a 50% interest in its car-making operations, which had 1988 sales of $2.6 billion, for some $600 million, plus a promise that GM will invest another $100 million. Saab, which also makes trucks and aircraft, will spin the auto holdings into a subsidiary to carry out the deal...

Author: /time Magazine | Title: BUYOUTS: Saab Lands a Rich American | 12/25/1989 | See Source »

...GM was a latecomer to the Saab wooing game, which began when Ford started courting the company earlier this year. After the collapse of those negotiations, auto-industry analysts expected Italy's Fiat to be the winning suitor. For Saab-Scania, which lost $123 million on its car-making operations in the first half of 1989, the advantage of the deal was access to GM's deep pockets. GM will gain badly needed production capacity at Saab's five plants in Europe, plus a stronger position in the U.S. and European luxury-car markets...

Author: /time Magazine | Title: BUYOUTS: Saab Lands a Rich American | 12/25/1989 | See Source »

...company is particularly incensed because the Saturn, which will carry a sticker price of around $12,000, represents the biggest U.S. automotive gamble in years. Launched by Chairman Roger Smith in 1982, Saturn was designed to give GM a small car that would outsell imports from Japan. Said Smith in the mid-1980s: "We believe Saturn is the key to GM's long-term competitiveness, survival and success as a domestic producer...

Author: /time Magazine | Title: Case of The Purloined Pix | 11/27/1989 | See Source »

...purloined photos include shots of a two-door coupe that resembles Chevrolet's 1989 Geo Storm, as well as pictures of a four-door sedan that Automobile Magazine said "could fit right into Oldsmobile's lineup." The magazine added that Saturn's mechanical features, also leaked from within GM, were not "particularly innovative." With advance notices like that, GM might do well to devote as much energy to Saturn's continued improvement as to the search for the culprit who leaked its photos...

Author: /time Magazine | Title: Case of The Purloined Pix | 11/27/1989 | See Source »

Local stations use satellites to expand their newscasts -- and their profits. GM is angry over leaked pictures of its top-secret Saturn. Sony and Warner strike a deal...

Author: /time Magazine | Title: Time Magazine Contents Page Vol.134, No. 22 NOVEMBER 27, 1989 | 11/27/1989 | See Source »

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | Next