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Next month Ford's Mercury division will introduce the Bobcat, a fancied-up, $3,000-plus version of the Pinto, as its entry in the small-car field. Ford has also come out with two trimmed-down models aimed at the standard-car buyer: the Mercedes-size Granada and...

Author: /time Magazine | Title: AUTOS: Detroit's Gamble to Get Rolling Again | 2/10/1975 | See Source »

Even so, OPEC investment in Western nations is picking up. Kuwait emerged last week as the purchaser of up to 14.6% of Daimler-Benz AG, the producer of Mercedes vehicles. The deal cost the Kuwaitis $300 million to $400 million, by far the most ever spent for a stock acquisition...

Author: /time Magazine | Title: INVESTMENT: An Oil Gusher Builds | 12/16/1974 | See Source »

Pérez campaigned on the platform that his election represented the "last chance" for democracy in Venezuela.* What he meant was that Venezuela was in grave danger of splitting into two an tagonistic nations - one rich, the other hopelessly poor. One of these nations consists of a foreign-educated...

Author: /time Magazine | Title: VENEZUELA: Pefro/ecrr Society | 12/16/1974 | See Source »

A West Coast tycoon has sold one of his two yachts. A socially prominent Manhattan couple has switched from vintage to nonvintage champagne, while some of their affluent friends provide only California jug wine-in Waterford decanters. A Los Angeles millionairess, Elsie Pollack, now features chili at her dinner parties...

Author: /time Magazine | Title: Modern Living: Recession and the Rich | 12/16/1974 | See Source »

Aside from his penchant for expensive dogs and an addiction to luxurious cars-he owns a Cadillac, Rolls-Royce and Mercedes-Foreman has few of the trappings of a superstar. One of the reasons may be that until recently Foreman actually had very little money. In fact, during his divorce...

Author: /time Magazine | Title: Sport: Violent Coronation in Kinshasa | 9/23/1974 | See Source »

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