Word: motoring
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...Ford Motor Co. worker...
...same safety devices -seat belts, headrests, dual braking systems-that are put on models exported to the U.S. He also made the point that every time a Japanese company recalls its cars in the U.S.. it should be required to do so in Japan. The next day, Honda Motor Company recalled 63,000 cars sold in Japan for replacement of a defective clutch system. Honda executives said that the action had nothing to do with Nader's letter to Sato...
Restic visited Cambridge December 8 for his interview and stayed in the Treadway Motor House in Harvard Square. While walking to the interview that day he was spotted by B.C. coach Joe Yukica, who called out to Restic. Restic explained that he was in town recruiting, and Yukica apparently bought the story...
lacocca waited for 15 more months as a member of the new ruling troika. Last week he finally got the job he wanted. Henry Ford announced that the marketing whiz, now 46, would become the sole president of Ford Motor. Henry Ford, who remains chief executive officer and undisputed boss, plans to spend more time developing overseas opportunities for the company. William Innes, vice president for manufacturing, will move up to lacocca's old job as domestic auto chief...
...Ford Motor could not have picked a more crucial moment to tap lacocca's well-incubated talents. Despite the company's present good fortune with the Maverick and the Pinto, profits are being squeezed hard by rising costs and Government pressure for safety and antipollution development. Just after his appointment. lacocca declined a $100 bet on whether Henry Ford's prediction of a 9.7-million-car year was possible in 1971. "Consumers have the money," he said, "but in their present mood it is doubtful that they will spend it. We have just finished an auto strike...