Word: mitsubishis
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...candidates are from foreign countries. The school provides instruction in eight tongues, among them Mandarin Chinese and English as a second language; the courses emphasize business terms used in macroeconomics and cross-cultural management. The school also tailors short programs for the special needs of multinational companies like Mitsubishi Electric, which recently sent nine managers and engineers for a 14-week program on English language and American management...
Timid escalator riders who look twice before taking their first step will soon have something new to worry about. After years of trying, Mitsubishi Electric has developed a moving staircase that carries passengers not just up or down in a straight line but through a graceful, sweeping arc. The first two circular escalators will be installed next March in a shopping mall in Tsukuba, Japan. Cost: $325,000. A pair of conventional models, by contrast, costs...
...quotas would slash auto profits by more than 50% in 1985. Ford and American Motors would suffer the worst setbacks because they have made no deals to distribute Japanese cars. Chrysler might be able to maintain its market share by selling more models from its Japanese partner, Mitsubishi. The only company to favor a removal of import curbs is General Motors, which plans to sell Suzuki and Isuzu cars through its Chevrolet dealers...
...Fremont, Calif. By 1986 the company hopes to import 300,000 cars built by Suzuki and Isuzu. Predicts GM Chairman Roger Smith: "Joint ventures are going to be a way of life." Chrysler, which last week filed an antitrust suit seeking to prevent the Toyota-GM hookup, imports four Mitsubishi models and will probably replace its aging Omni and Horizon models with a car built overseas. Says Chrysler Vice Chairman Gerald Greenwald: "The days of U.S.-based small-car production are coming...
Moreover, demand for Villa Banfi's products is developing around the world. The firm now sells wines in Canada, Hong Kong, Singapore, Britain, Ireland, New Zealand, the Caribbean and Central and South America. Last month Villa Banfi announced that the Mitsubishi Foods Group will be the importer and distributor for Riunite wines in Japan...