Word: gm
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Dates: during 1990-1999
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...German investigators found three boxes of documents from a General Motors subsidiary in the apartment of former employee Jorge Alvarez Aguirre, now with Volkswagen, and a feud brewing for four months flared into a bitter brawl. Alvarez was one of seven executives who last spring defected to Volkswagen with GM purchasing czar Jose Ignacio Lopez de Arriortua. "I cannot say that the papers we found were secret," said a spokesman for the local prosecutor's office in Darmstadt. "But I can say with certainty that the papers did not belong to ((Alvarez))." Speaking through his attorney, Alvarez said the boxes...
...stunning find followed GM charges that Lopez or one of his colleagues took top-secret documents when Lopez bolted to Volkswagen to head its worldwide manufacturing operations. According to GM, the recovered papers included plans for a minicar that Adam Opel, GM's German unit, hopes to roll out in the mid-1990s. Also among the papers, GM said, were plans for a superefficient new factory where the car would be built. As German investigators sifted through the documents, GM officials said federal prosecutors in Detroit were also probing charges that Lopez had absconded with corporate secrets. Lopez, once heir...
Neither Volkswagen nor Lopez would comment on the Opel documents, but Piech lashed back at GM in a more personal way. In an interview with the German newspaper Die Welt, Piech implied that Louis Hughes, who heads GM Europe, was waging a vendetta because he lost out to Piech last year in the runoff to be Volkswagen's chairman. Hughes may have the last laugh: if GM makes its charges stick, predicts industry analyst Klaus-Jurgen Meltzner, "either Lopez or Piech would have...
Pursuing these high-impact, hot-button stories can pose dangers. For one thing, there is the tendency to overdramatize and oversimplify. The most notorious example was the rigged crash test of a GM truck on Dateline NBC. Though many network executives dismiss the incident as an aberration, it is symptomatic of the pressure to make stories that sizzle. "The constant race for ideas leads to a tendency to sensationalize and blow things out of proportion," says Everette Dennis, executive director of the Freedom Forum Media Studies Center...
General Motors filed a criminal complaint in Germany against Jose Ignacio Lopez de Arriortua, the former head of its global purchasing operations. The company says that when he left to join Volkswagen in March, he took confidential GM documents...