Word: motorizer
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Dates: during 1960-1969
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...remarkable strengths of General Motors Corp. is its ability to hang on to key men through a system based on tradition, hefty salaries, and stratospheric but delayed bonuses subject to costly forfeit if a man quits. Automen were understandably astonished two weeks ago when Semon Emil ("Bunkie") Knudsen, G.M.'s fourth-ranking officer, abruptly resigned as executive vice president and a company director. Even more stunning was last week's announcement that Knudsen had become the new president of Ford Motor Co., G.M.'s archrival in one of the toughest competitions private enterprise has yet produced...
...splendid contribution toward a solution of the problem of compensating automobile-accident victims [Jan. 26]. Only lawyers with a vested interest in automobile-accident litigation fail to discard the "central myth" that auto accidents can be avoided and that recovery must be founded on fault. The lethal nature of motor vehicles and the sheer weight of their numbers render accidents inevitable, divesting them of purely private concern-the subject of litigation predicated on negligence...
Into Saigon in the days just before Tet slipped more than 3,000 Communist soldiers armed with weapons ranging up to machine-gun and bazooka size. Some came openly into the open city, weapons concealed in luggage or under baskets of food, riding buses, taxis and motor scooters, or walking. Others came furtively: some of the Viet Cong who attacked the U.S. embassy had ridden into town concealed in a truckload of flowers. Once in town, they hid their weapons. Only after the attack did Vietnamese intelligence realize that the unusual number of funerals the previous week was no accident...
Spies who stay out in the Detroit cold these days are working overtime trying to turn up intelligence about the final styling and appearance of the new Continental Mark III. As it happens, Ford Motor's Lincoln-Mercury division is shielding the Mark III like an H-bomb until its well-publicized first appearance at the Chicago auto show late this month. Last week, however, at least one spy managed to foil Ford's counter-intelligence and photograph a Mark III during trial spins at the company's Dearborn test track. The picture shows a very stylish...
...potential is there with British Motor Holdings, but it's going to take a much tighter organization," said Sir Donald after he returned from a tour of his plants and dealerships last week. Soon some unprofitable lines will have to be dropped. And obviously, said Sir Donald, "we have to move toward the General Motors type of integration and more new models." But it will require heavy investment ($360 million, according to industry estimates) and perhaps three years before B.L.M. will be ready with its first new car. Between now and then, the newly merged company...