Word: low-cost
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Chrysler's problems, though, have been building for months. High interest rates, an initial shortage of low-cost models and the unwillingness of customers to buy cars from a company that seemed about to go out of business have cut in half projected sales of the stylish, economical K-car. Even the once popular sub-compact Dodge Omnis and Plymouth Horizons are selling poorly, and dealers now have more than a 120-day supply, twice the desired amount. As the auto industry last week prepared for its annual holiday shutdown, only three of Chrysler's six assembly plants...
...antipollution requirements of the Clean Air Act, and subsidies for workers and communities affected by industry layoffs and plant shutdowns. One likely effect of the Carter program will be to increase steel prices, since domestic steelmakers will now be able to raise prices without as much fear of low-cost foreign competition...
...companies. Thurow's solutions for the nation's ills are based on a concept borrowed from games' theory called the zero-sum game: if someone wins, someone else will have to lose. Poker, for example, is a zero-sum game. If builders beat inflation by using low-cost foreign steel, some American steelworkers will lose their jobs. Higher oil prices will encourage Exxon to explore for new domestic energy sources, but motorists will have to pay more for gasoline. In short, America's economic problems can be solved, but not without hurting some group in society...
Similarly, Air Florida, which three years ago was an everglade-hopping intrastate company, has selectively branched out on major long-haul flights, where it undersells the majors. Pacific Southwest Airlines, long noted as a low-cost carrier operating between San Francisco and Los Angeles, has taken advantage of deregulation to expand to Las Vegas. On this route, PSA is demonstrating that a well-run regional can undercut the price of auto travel, the historic enemy of the short-haul airline...
Reagan intervened personally with convention officials to enable NAACP Executive Director Benjamin Hooks to speak at the convention that evening, but only after Hooks promised to say nothing that might embarrass the Republicans. Hooks urged the Republicans to work for full employment, low-cost public transportation and an extension of the Voting Rights Act, which is to expire in 1982. His plea was politely received by the delegates?again on instructions from Reagan's floor lieutenants...