Word: motorizer
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Dates: during 1960-1969
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...last major British-owned auto manufacturers, British Motor Holdings and Leyland Motor Corp., have decided that cooperation can be more profitable than competition. They have joined forces to form British Leyland Motor Corp., which will be the second largest carmaker in Europe (after Germany's Volkswagen) and fifth largest in the world, and will have annual sales of $2 billion. Its hefty catalogue of cars will include B.M.H.'s Austins, Morrises, Rileys, Wolseleys, M.G.s and Jaguars, and Leyland's Triumphs and Rovers along with its buses and heavy trucks...
...besides-with $700 million a year in sales abroad. "We've been thinking about it for years, but we wanted the merger on satisfactory terms," says Leyland's Sir Donald Stokes, 53, who will be deputy chairman, managing director and chief executive officer of B.L.M., with British Motor Holdings' Sir George Harriman, 59, as chairman of the board...
Grainger promised to put "more uniformed officers, more detectives, more motor patrols" in the Square, but did not specify the exact increase. He will meet with the council next Monday to discuss police problems throughout the City...
...already become a hit in Amsterdam. From The Netherlands, it offers travel by train and ferry, plus two days' lodging in London, for $37-less than a round-trip plane fare. Even better news for hard-pressed Britain is an upsurge in foreign orders for British autos. British Motor Corp. expects to increase its deliveries to Europe by 5,000 cars this month. To meet that demand, B.M.C. is switching one-third of its home-market production to export models...
...cost savers as movable wall panels for faster changes in floor plans, noise-stifling floor-assembly systems, prefabrication techniques for kitchen-bathroom cores used in slum rehabilitation. Having built $630 million worth of structures across the U.S.-everything from a Philadelphia industrial park to Los Angeles' Sheraton Wilshire Motor Inn-the company also has accumulated a salable store of insight into construction intricacies. For a consulting fee equal to 1% of the total cost, says Tishman, "we take an institution's project and handle it like our own." Among other things, that means spotting pitfalls that can range...