Word: iacocca
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Little wonder, then, that nowadays Castro's most frequent dinner guests are not fellow ideologues, but globe-trotting tycoons like Pierre Cardin, Ted Turner and Lee Iacocca, who can bring in the additional capital that Cuba desperately needs. In each meeting, Castro vows that he will never abandon socialism but also promises to continue holding open an economic window to the breezes of the free market. ``We have to be ready to conduct the necessary reforms to adapt our country and our economy to the present world situation,'' he says. Rough translation: until Castro gets his country up and running...
...even Lee Iacocca, ever used a simile like that to describe a Dodge Aries. The Cirrus and its eminently drivable competitors may go a long way toward winning back that lost generation of drivers. Detroit has certainly set ambitious goals for them. Although the new compacts like Contour and Cirrus are in the same size bracket as the Honda Civic and the Toyota Corolla, for example, they are squarely aimed at taking away customers from the larger (and more expensive) mid-size Honda Accords and Toyota Camrys. The strategy is to squeeze the popular mid-size Hondas and Toyotas between...
...Iacocca pitchman for Chrysler, NEIL ARMSTRONG is chairman of a defense electronics firm. He lives on a farm in Ohio, zealously guarding his privacy, granting no interviews on the anniversary of his one small step...
...ritual at all, and settled down to business at the world's largest industrial corporation so quietly that he has seldom been seen or heard from in public since. At Chrysler, Bob Eaton owed his job to another noisy boardroom battle to persuade Chrysler's miracle worker Lee Iacocca that it was time for him to retire. After the dust settled early last year, Eaton drove up alone at 7:30 a.m. to Chrysler's factory gates in Highland Park, Michigan, in a new Grand Cherokee sports van, introduced himself to a plant guard and rolled through to work. Since...
...gave Eaton's succession at Chrysler much chance at all. A career GM man, he had spent his recent years in Europe, well away from the turmoil and strife that had gripped his industry's hometown. He was something of a shotgun compromise in Chrysler's boardroom showdown between Iacocca and president Bob Lutz, and in the view of some skeptics, mainly lucked out in grabbing the prize after all the hard work had been done. Eaton arrived alone, brought in none of his deputies (not even his secretary) and fired no one. In Chrysler's recent history...