Word: markets
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...compacts in mid-1971. Called "the 25 Car," it will have a wheelbase of only 91 in., about 3 in. less than that of a Volkswagen. > GENERAL MOTORS has spent more than $100 million building a plant to assemble its entry in the small-car market. Code-named the XP877, the new car will be some 10 in. shorter than the Maverick. It will be powered by an aluminum four-cylinder engine. G.M. expects to begin selling the new model some time next summer...
...automakers are re-entering the small-car market at a difficult time. G.M. President Edward Cole predicted last week that new car sales in the 1970 model year would remain close to 1969's near-record level of some 9,700,000 units, but Detroit's share of that total has been dwindling. Sales of imported autos in the U.S. will exceed 1,000,000 units in the '69 model year, a 70% increase from 1966, and the trend is still running against domestic producers...
...outbreak of inflation. Prices in every major European country except Britain, and in most of the smaller ones, are climbing more rapidly than in 1968; in most countries the rise also exceeds the 1958-68 annual average. In its most recent assessment of the economic outlook, the Common Market commission called for "urgent" steps to bring the "unmistakable boom" under control...
...Netherlands, introduction of the value-added tax, a complex form of sales tax that is being adopted throughout the Common Market, helped to push the annual rate of inflation to a startling 6% to 7% before the government instituted its price freeze...
...made that scenario increasingly familiar in European industrial circles. They make it their business to find out about textile firms in financial trouble and move in to grab control at bargain prices. In ten years of incessant acquisitions, they have stitched together the biggest textile combine in the Common Market, comprising some 50 firms with combined annual sales of $245 million. They produce 40% of France's tenting and bandages, 50% of its linen, 60% of its diapers...