Word: motoring
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IRONICALLY, when Reagan affixed his signature to the tax legislation on January 6, he may have given the trucking industry not only the benefits of increased weights, but also a backhanded gift in the form of the tax increases. Prior to the passage of the Motor Carrier Act of 1980, trucking was a heavily regulated industry. Only approved common carriers could handle goods other than unprocessed foodstuffs and raw materials, and the 100,000 independent truckers, who make up about one quarter of the industry were regularly forced to pay 25 to 50 percent of their receipts to "rents" certificates...
Even in the depths of their current despair, Detroit automakers have shown that they can learn from the competition, including their archrivals in Japan. Japanese inventory-control techniques are being introduced in U.S. plants, as are pared-down corporate staffs and worker-management cooperation programs. Now General Motors Corp. is pushing that process one giant step further, taking to heart the old tactic of joining 'em when you can't beat 'em. Reports out of Tokyo and Detroit last week indicated that GM, America's largest car manufacturer (sales in 1982's first nine months...
Although an auto with both an American and Japanese heritage sounds improbable, it is a direction in which U.S. carmakers have been heading for several years. Chrysler Corp. owns a 15% share of Mitsubishi Motors Corp., Ford Motor Co. has a 25% stake in Toyo Kogyo Co., and GM already holds a 34.2% interest in Isuzu Motors. As one Japanese auto company official put it, GM needs no help in the design and styling of a new model, but it is the Japanese who are really expert at devising an efficient and high-quality production system for small cars...
...1970s. The rear-wheel-drive Chevette, introduced in 1975, is obsolete and overdue for replacement. As a stopgap, GM has been planning to import 200,000 subcompacts made by Isuzu starting next year, and there are tentative plans to bring in up to 80,000 smaller minicars from Suzuki Motor Co. So far, the giant automaker has not announced any change in its intentions...
While Honda Motor Co. has already begun producing Accords at its plant in Marysville, Ohio, and Nissan Motor Co. will be turning out pickup trucks in Smyrna, Tenn., later this year, Toyota has dragged its feet on U.S. production for a decade. In 1980 it initiated talks with Ford about a joint production arrangement, only to break them off after a year of protracted discussion. Now a decision is being forced upon the company. Next month the agreement under which Japan "voluntarily" limits its auto exports to the U.S. to 1.68 million cars annually is due to expire. With...