Word: gm
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Dates: during 1990-1999
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...prices coming down too, home satellite dishes are becoming a viable alternative for viewers unhappy with cable. "There's no denying that a significant number of people have had it with the TV they're getting right now," says Eddy Hartenstein, president of DirecTV, the satellite-programming unit of GM Hughes Electronics. Enthuses satellite-TV pioneer Stanley Hubbard: "Once consumer expectations change, they never go back. Digital satellite is changing consumer expectations forever...
...more serious challenge to cable may come from direct-broadcast satellites (DBS). A consortium of telecommunications companies that includes GM Hughes Electronics, RCA/Thomson and Hubbard Broadcasting has just completed a nationwide roll-out of its Digital Satellite System, which offers 150 channels to customers who buy and install a home dish only 18 in. in diameter. Though the hardware is still relatively expensive -- between $700 and $900, down from $2,000 to $3,000 for older big dishes -- the monthly cost of various channel packages is comparable to cable's. The chief competitor to DSS is Primestar, a four-year...
...GM's Flaming Pickups...
...trucks with exposed fuel tanks that can explode and burn in side-impact crashes. The Department of Transportation has scheduled a public hearing in December to decide whether the nation's No. 1 automaker should recall its line of pickups built between 1973 and 1987. In a 1988 redesign, GM moved the fuel tanks inside the trucks' protective body frames...
...Again, GM's strategy is typical of the auto industry and American companies generally. At the Ford Motor plant in St. Louis, Missouri, nearly 3,400 full- time employees make around $57,000 a year thanks to overtime pay. But the plant also uses 200 temporary employees who do essentially the same jobs but make only $20,000 annually because they work only two or three days a week. Economywide, the number of temps in the labor force has more than doubled in the past decade. Says Roach: "The ((job-creating)) leader in this recovery...