Word: gm
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Dates: during 1990-1999
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...Nation." Michael Moore's semi-spoof newsmagazine. Well, can't deny the liberal slant here. Moore, after all, is the guy who filmed a movie blasting the CEO and corporate mentality of GM. And with the show, as one of my co-workers puts it, Moore "wears his politics on his sleeve...
...Corporation flaunts faculty and student opinion and votes in favor of the GM management and against Ralph Nader's group in a stock proxy fight...
General Motors Corp. today said that it would stop building the last of the "boats" that first made Detroit famous. By year's end, the world's biggest car company will discontinue its once-beloved, rear-wheel drive behemoths (the Buick Roadmaster, Cadillac Fleetwood, Chevrolet Caprice and Impala). GM's Arlington, Tx., assembly plant, which makes the big cars, will switch gears and start churning out popular full-size pickup trucks instead...
...federal appeals court threw out the 1993 settlement of class actions against General Motors that would have given $1,000 coupons to the owners of 5.7 million older GM pickups. The trucks, equipped with "sidesaddle" gas tanks, are believed to pose a fire hazard in sideways crashes. The court ruled that the coupons, which could be used only in the purchase of new GM trucks, would be virtually worthless to poor truck owners unable to come up with the $5,000 to $7,000 needed for a new vehicle. The suit now returns to a lower court; GM will probably...
...their heels and chirped like larks." Ralph Nader was a particularly vociferous opponent. Nader said only $3 billion annually passes from losers to winners in insured payouts when companies are sued, pointing out that $3 billion is less than a year's profits for many large companies-Ford or GM, say. "Pick any company," said Nader. "There's more in profits for one company after taxes than all the quadriplegics and brain damaged get from product liability or civil settlements." Marc Galanter, director of the Institute for Legal Studies at the University of Wisconsin, called the bills "the triumph...