Word: motoring
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...True, according to a study by the New York State Department of Motor Vehicles...
First Ripple. Even those auto executives wedded to the idea of luxury are learning to think small. At Ford Motor Co., Vice President Lee Iacocca scored a personal triumph in 1965 with the Mustang, a car that was 181.6 in. long and weighed 2,567 Ibs. Over the years, the Mustang gained 12 in. and 653 Ibs. For the 1974 model year, lacocca, now Ford Motor president, is placing the company's bets heavily on the Mustang II, a car about the size of his original Mustang and listing at $2,895. Luxury features make it difficult to find...
...suburban job. (About 25% both live and work in the city, and 7% reverse-commute from the city to the suburbs.) As many suburbanites know, that pattern has produced traffic snarls, at intersections dozens of miles outside the core city, that rival anything encountered on downtown streets. Says Ford Motor Chairman Henry Ford II: "Subways are fine for getting downtown and back, but most people don't travel downtown and back any more. They travel all over the place. And you can't build subways all over the place...
STEREO SETS: Another primarily small-motor-powered bargain; an average one played 2.7 hours a day would cost $2.50 a year to operate...
...country where age has traditionally been an important criterion for industrial command, Hon da Motor Co. was long conspicuous for the youth of its leadership; Soichiro Honda founded the company in 1948 when he was only 42. Now, having built it into a colossus with sales of $1.2 billion a year, he is returning the company to the junior side of the generation gap by retiring at 67 and turning over the reins to Kiyoshi Kawashima, 45, a quiet, self-deprecating engineer who at 45 is at least 15 years younger than most Japanese chief executives...