Word: lutze
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Dates: during 1970-1979
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...easy," said Joanne Lutz, a Bridgeport, Conn., housewife, after giving birth to her first child three years ago. "A few pushes and there he was." Her second delivery was not so simple. Mrs. Lutz had been in labor less than an hour, when monitors detected an irregular infant heartbeat and other signs of fetal distress. A difficult natural birth might have produced a brain-damaged or even stillborn baby. So her doctor promptly performed a caesarean section, safely lifting out a 6-lb. girl. Says Mrs. Lutz: "A scar is a small price to pay for a healthy baby...
Anthony D. Lutz Grosse Pointe Park, Mich...
...said that 1977 could be a record year, with car sales hitting 11.25 million, slightly ahead of this year. Bank loans have shown an upturn, indicating renewed business demand. Though reports on Christmas sales are conflicting, merchants at least hope they will wind up with a gain. Says James Lutz, executive vice president of Chicago-based Montgomery Ward: "The weather is with us, and we're going to have the best Christmas ever...
Such Germanization succeeded brilliantly. Granada sales in the first four months of 1976 ran at an annual rate of 111,000, and sales of other Ford cars are climbing too. In one of his last acts as president, Lutz announced that German Ford had earned a record $111 million profit in 1975. Ford's share of the German market is up to 14.9% (v. Opel's 17.9%), and it should rise further in the fall with introduction of the Fiesta, a minicar that will be made in Germany, Spain and Britain to compete with Volkswagen's Rabbit...
Despite his successes, the Swiss-born, American-educated Lutz (he spent five years as a U.S. Marine jet pilot) has always attracted as many critics as admirers. A polished multinational manager who converses with equal ease in German, French or English, he makes many colleagues feel drab and parochial. He also angers some executives by breaking ranks with the rest of the industry, as when he doubled the warranty period on German Fords to a full year with unlimited mileage. Critics cannot deny the remarkable U-turn he brought off at German Ford, but some prophesy that he will have...