Word: honda
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Dates: during 1980-1989
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Toyota, Japan's leading auto producer, is the fourth Japanese carmaker to begin building some of its autos in the U.S. Honda paved the way in November 1982, when it opened a plant in Marysville, Ohio. Nissan started manufacturing cars in Smyrna, Tenn., this year, and Mazda is scheduled to open a plant in Flat Rock, Mich., in 1987. By 1989 Japanese companies are expected to be producing some 1 million cars a year in the U.S. The four American carmakers will turn out 7.9 million autos this year...
...misfortune of being alive and kicking. A misfortune only because, in the tradition of felines and rock stars, Lou Reed must have nine lives. Nine distinct incarnations ranging from junkie to jogger, from wife-beating closet queen to affectionate husband, from Velvet Underground frontman to the man on the Honda scooter who won't settle for just walking. And he's had to watch his various lives fold and unfold in the public eye to varying degrees of interest. But worse than that, pardon the melodrama, probably hardly a day goes by for Lou Reed that he doesn't have...
...Japanese gained even more. Since the restraints made Japanese autos scarcer, the manufacturers were able to raise the prices of their cars an average of $1,300. Japan's Big Three--Toyota, Nissan and Honda--drove away from the U.S. with trunkfuls of dollars as they con- centrated sales on , their more expensive models, where the big profits are made. One Government study showed that the import restraints cost U.S. consumers more than $1 billion annually, with about 90% of it going to Japanese manufacturers and distributors...
Question: Which is the best-selling vehicle in the U.S.-the Chevrolet Cavalier, Ford Escort or Honda Accord? Answer: None of the above. A pair of pickup trucks, the Ford F-series and Chevrolet's C-series, outsell every passenger car on the market. Indeed, Americans are increasingly turning on to trucks. Says Chrysler President Harold Sperlich: "Car sales are good; truck sales are dynamite." U.S. automakers announced last week that some 3.8 million trucks have been sold this year, an increase of 33%, while car sales have risen...
...rotary engine that is the soul of its spirited RX-7 sports car, is joining Japan's automotive invasion of the U.S. Mazda announced last week that it would start producing cars in Michigan in 1987, bringing to four the number of Japanese automakers manufacturing in the U.S. Honda has a plant in Marysville, Ohio; Nissan has one in Smyrna, Tenn., and Toyota will begin producing cars this month in a venture with General Motors in Fremont, Calif. Mazda plans to construct a $450 million assembly plant near a Ford foundry in Flat Rock, literally in Detroit...