Word: marketeers
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Dates: during 1960-1969
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...growing market for high-performance "street iron," triggered by the introduction of the Ford Mustang in 1964, Detroit is offering an increasingly wide array of hot intermediate-sized "muscle" cars, and an even wider range of optional extras designed to make them hotter still. At the International Auto Show in Manhattan last week, the muscle cars were there in force, from Plymouth's Road Runner to Pontiac's Firebird, and they made an obvious hit with visitors. Says Ray Brock, publisher of Hot Rod magazine: "The high-performance buff can now literally 'build' his own individualized...
...American Motors' AMX, a $3,245 sports coupe on the market for less than a month. A 290-cu.-in. engine is standard, but another $123 rates a 390-cu.-in. replacement. Testing an extra-powered AMX, Land Speed Record Holder Craig Breedlove got the car up to 170 m.p.h...
...Cliff. Tensions rose steadily all week as the finance ministers of the ten powers-the U.S., Britain, Canada, Sweden, Japan, France, West Germany, Italy, Belgium and The Netherlands-prepared for their conference in the turreted Foresta Hotel on a cliff overlooking Stockholm harbor. At a meeting of Common Market ministers in Brussels, France dropped a monkey wrench into the agenda by calling for a complete overhaul of today's monetary system and a return to the gold standard. The other five Common Mar ket countries rejected the idea on the ground that it was no time to debate...
...meant a $235 million drain on the U.S. balance of payments. Lockheed solved this with an arrangement in which Ah" Holdings will sell 50 of the early L-1011s abroad. This will bring in $625 million for a favorable U.S. balance of $390 million, and further sales in a market estimated at 1,000 planes by 1980 could raise the U.S. excess to well over $5 billion dollars...
...company's development-and advertising promotion -of the snap-away aluminum lid for beverage and food cans. With most beer and soft-drink cans now sporting aluminum pop-tops, Alcoa and the rest of the industry have begun pushing sales of cans made entirely of aluminum. Another promising market is aerospace. Alcoa provided most of the 1,000,000 Ibs. of aluminum used in the Saturn V moon rocket, is also supplying 105-ft-long heat-treated aluminum plate for the wings of Boeing's new 747 jumbo jetliners...