Word: millions
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Dates: during 1960-1969
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...Athens from a tour of northern Greece. After conferences among government ministers, Makarezos mysteriously retracted. His ministry confirmed that Onassis was still the victor. Onassis celebrated at a spirited press conference. He contended that his offer, including some projects for the more distant future, was really worth $550 million. Apparently, Onassis won out because he agreed under pressure last week to put up a sizable cash guarantee that he would actually complete the projects. With biting sarcasm, he poked at Niarchos-without ever mentioning his name-for spending so much time at his chalet in the Swiss Alps...
Niarchos responded from Switzerland. He accused Onassis of trying to overcharge the Greek government by as much as $190 million over the next ten years for transporting oil in his tankers. "We are wondering why such a huge gift is made to our competitors," said Niarchos. Later, when Onassis was asked if he would ever join with Niarchos in a Greek project, he replied: "Don't you think that that is a bad-taste joke...
...read the car market and all you can say is "You dumb foot drag-gers-you in Detroit-what took you so long to know imports were going to hit a million?" Now the market is damn well defined, and you know what the market says: "Give me a hell of a good buy for two grand, will...
...Falcon, which has grown to 184 in. in length and $2,283 in price. Partly because more and more Americans want smaller and less costly cars, imports have swelled from 52,000 in 1955 to 986,000 last year, when they accounted for more than 10% of the 9.4 million sold in the U.S. As lacocca told TIME'S Detroit Bureau Chief Don Sider: "We don't assume that the Maverick is just out to arrest the trend. We expect to get some customers back. We expect this to be a free...
Freudian Gilt. The company has tooled up to produce as many as 400,000 Mavericks a year, and lacocca has suggested that he would be happy if sales in the first twelve months reached about 300,000. That would make the Maverick a $600 million-a-year proposition. The car will go on sale April 17, five years to the day after lacocca introduced the Mustang, which has been Ford's most successful product since the Model T. The small-car field will soon be crowded. American Motors' new entry, the Hornet, will come out this fall...