Word: honda
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Dates: during 1980-1989
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...also unable to benefit from GM's woes, since their U.S. sales this year are limited to some 1.85 million vehicles under restrictions first negotiated in 1981. Said a Japanese automaker in Tokyo last week: "There is no room for us to take advantage of such a situation." Honda, the only Japanese company currently assembling cars in the U.S., expects to turn out 150,000 vehicles this year at a plant in Marysville, Ohio...
High-performance Japanese imports, including the Honda Prelude and Mazda 626, are in demand. But some of the most popular models are in short supply, since Japanese manufacturers have agreed to quotas on their shipments to the U.S. That gives dealers a chance to make tidy profits. Kramer Motors Honda in Santa Monica, Calif., for example, adds a $2,000 markup to the $6,300 sticker price of the subcompact Honda...
...ardent supporter of that concept is Douglas Fraser, former head of the United Auto Workers, who has long contended that U.S. workers are the best in the world. They will deliver peerless quality, he believes, but only if management asks it of them. Honda's experience with U.S. workers in its American plants bears that out. Workers at Honda's plants in Marysville, Ohio, do work that is as good as or better than that at the company's plants in Japan, say Honda executives. Car buyers, especially those on the West Coast, have...
...player on the world stage dominated by the likes of GM and Toyota. Even at home it has only a 19% share of the market, compared with Ford's 29%. To help cope with its giant competitors, the British firm has allied with Japan's Honda. The two companies jointly manufacture the perky Triumph Acclaim and are developing another model, code-named XX, that will be introduced...
...often as not, large amounts of foreign food, cash and equipment never reach their intended destinations. A "transportation operator" in Sierra Leone received more than $2,000 from the government to distribute 150 tons of rice; investigators later discovered that the only vehicle he owned was a Honda motorcycle. During the '70s, badly needed relief supplies for Chadian refugees were routed through Nigeria. But the shipments never made it because the wife of a high government official in Chad demanded huge bribes from the Nigerian drivers...