Word: motorizer
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Dates: during 1960-1969
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...country's wealthiest men; he is a legend, having parlayed a shabby mechanic's shop on the road to Andalusia outside Madrid into one of the largest private corporations in Spain. Editorialized Madrid's daily ABC: "The most prestigious firm of the Spanish motor industry has ended up as one more factory of an international capitalist organization for which Spain's interests matter little." Other newspapers accused the U.S. of "colonialism" and "economic imperialism...
...ominous motor noise was at first too faint to be heard by the crowd in Sproul Plaza below. Five hundred University of California students and other young people milled about, some lolling on the grass, some gibing at and singing to the National Guardsmen who surrounded them. Gradually, the grinding sound enveloped the plaza. A bulbous green helicopter swooped in over the treetops, belching white puffs of a potent military tear gas called CS. The powder settled indiscriminately on demonstrators and bystanders, drifting into classrooms and the campus hospital. The crowd in Sproul Plaza tried to flee, but gas-masked...
...erect a federal regulatory hurdle for Heineman, Goodrich in March paid about $2.7 million in stock to buy Motor Freight Corp., a Terre Haute-based trucking company that competes with Northwest on some rail routes. Goodrich then petitioned the Interstate Commerce Commission, urging it to rule that Northwest would need ICC approval for a merger...
...three-quarters of its business. VW is also being tail-gated by hustling Japanese automakers. Last year, Japanese competition in Australia forced VW to close down assembly lines that had once produced more than 20,000 beetles a year; the equipment now assembles cars for Japan's Nissan Motor...
Trouble for Detroit. Nearly one-third of Japan's auto exports is sold in the U.S., where Toyota Motor Co.'s Corona and Nissan Motor Co.'s Datsun, both priced below $2,000, are now familiar sights. Last year, 110,000 Japanese cars-more than twice as many as in 1967-went to American buyers. Now two more manufacturers have entered the U.S. market. Fuji Heavy Industries is offering its low-priced $1,300 Subaru, and Honda, already known for its motorcycles, is pushing a $1,400 minicar. A third manufacturer, Toyo Kogyo, expects to make...