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Word: karmouta (lookup in dictionary) (lookup stats)
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...becoming chairman just as the U.S. was sliding into recession. That hindered sales of GM's 1991 fall line, one of its best in years. The redesigned models included the full-bodied Buick Park Avenue and the luxurious Cadillac Seville. "Our sales depend on the economy," says Jamal Karmouta, who manages a Chevrolet dealership in Southern California. "When the economy moves up a little, we'll be selling more cars." But with GM strapped for cash, its new offerings for 1993 are limited mainly to a redesigned Cadillac Brougham and sporty Camaros and Firebirds...

Author: /time Magazine | Title: What Went Wrong? Everything at Once. | 11/9/1992 | See Source »

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