Word: kogyo
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Dates: during 1960-1969
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...about it. The two firms hope to collaborate on some research, then move on to marketing each other's cars in Japan and the U.S. Later, they might join in assembling Chrysler cars in Japan. Ford also started negotiating in earnest last week with Japan's Toyo Kogyo for joint production of automatic transmissions...
...more than twice as many as in 1967-went to American buyers. Now two more manufacturers have entered the U.S. market. Fuji Heavy Industries is offering its low-priced $1,300 Subaru, and Honda, already known for its motorcycles, is pushing a $1,400 minicar. A third manufacturer, Toyo Kogyo, expects to make its American debut later this year with a car equipped with twin rotary engines...
Japanese cars range from three-wheel $650 midget cars and the $1,020 beetle-shaped Carol 360, made by Toyo Kogyo, to Nissan's squat, six-passenger, $3,750 Cedric, named after a character in the novel Little Lord Fauntleroy. The bestseller: Nissan's $1,566 Bluebird, named for "the bluebird of happiness" m the Maurice Maeterlinck play. Though these cars are rugged, functional and economical, they cannot compete in styling and roominess with most U.S. and European makes, which will be nearer to the Japanese prices when the tariffs are reduced...
Wartime Profits. Osano's ambitious ventures in travel and tourism have made him, at 47, one of Japan's most remarkable postwar millionaires. He operates through his Tokyo-based company, Kokusai Kogyo, whose sales last year rose to $61 million. Among other things, the firm owns and operates Japan's biggest bus and taxi fleets, seven Japanese hotels and a string of driving schools, travel agencies and sporting-goods shops. It is also Japan's largest distributor of Chrysler Corp. autos and its sole distributor of International Harvester farm and construction equipment. As if all this...
...interest in the Chicago-based food processor, Libby, McNeill & Libby, which only recently was criticized by De Gaulle's government for its plans to set up a major canning operation in the south of France. Presumably, Libby will now be welcome. In Hawaii, Tokyo's Kokusai Kogyo Co. is awaiting only Japanese government approval before handing over $8.7 million to buy Sheraton's luxurious Princess Kaiulani Hotel on Waikiki. London's Consolidated Gold Fields of South Africa. Ltd. is bidding $17.5 million to take control of St. Louis' American Zinc, Lead & Smelting...