Word: kia
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...lacking the skills to build a car from start to finish. Ford imports its luxury Merkur from West Germany and intends to bring in other autos from Mexico, Australia, Brazil and Taiwan. Next year Ford plans to begin importing a minicar called the Festiva, which will be manufactured by Kia, the automaker's South Korean partner. Ford just missed winning another major ally when it failed two weeks ago in an estimated $2 billion bid to buy Italy's Alfa Romeo, the ailing manufacturer of sexy sports cars. Alfa's current owner, Italy's government, decided to sell the company...
...largely of foreign inspiration. Daewoo, the nation's second largest automaker after Hyundai, is preparing to ship next year as many as 100,000 units annually of a new GM subcompact known as LeMans, to be sold through Pontiac. Daewoo is 50% owned by GM. Ford owns 10% of Kia, South Korea's third largest auto manufacturer...
Hyundai is only the first of several Korean companies that are eyeing the American market. Daewoo, a firm that is 50% owned by General Motors, hopes to be selling 80,000 cars in the U.S. in 1987. Kia, a Korean conglomerate, could link up with Ford, and Chrysler has held talks with Samsung, another firm with designs on the U.S. market. Maryann Keller, an auto-industry expert with Vilas-Fischer Assoc. in New York City, predicts that imports from such countries as South Korea, Taiwan, Mexico and Brazil will one day control the important U.S. market...
Across the world from Czechoslova kia, in Toronto, Olinekova had felt the same childhood alienation: "I was a me somorphic woman growing up in an endomorphic world. That look ? fleshy and round with curves in all the right places ? was a product of genes. You were born with it or you weren't. Today's beauty is heaven sent but earth improved. Women are making themselves stronger and appreciating it in other women. Two years ago, when I'd run down the street in my bikini, it was the men who'd be crashing their cars into telephone...
Giant Stalin. The week's most dramatic event, the fall of Antonin No votny, followed a country-wide clamor for his resignation. At noisy meetings throughout Czechoslovakia, Novotny was denounced and taunted. In Slova kia, portraits of him were burned. Pe titions for his dismissal poured into Prague. Seeing that he was through, many of Novotny's old friends, including the army general staff, joined the chorus against him. Novotny closed himself off in Hradcany Castle on a hill overlooking Prague, hoping that the storm would blow over. When a news paper suggested that illness might give...