Word: pickup
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...little reason to add new workers. That is partly because many firms have streamlined their operations and need fewer bodies, but also because firing -- not hiring -- has become the corporate norm. While Chrysler said last week it is investing $225 million to build a new line of Dodge pickup trucks in 1993, the company noted that it plans to add just 70 new jobs as a result of the program. "We're expecting to triple truck sales, and we're looking for a return to profitability," says a senior Chrysler executive. "Life is going to get a lot better...
Some of those images were, in their grotesque way, priceless: a woman staggering down the street trying not to scrape her new, no-down-payment dining room table on the pavement; another lady attempting to jam her stolen sofa onto a pickup truck already overladen with loot. Modern America's great guiding principle, shop till you drop, was in process of revision; steal till you kneel was more like...
There was Rob and Eric, two juniors at UMass, both lanky individuals jumping for their first time. There was Scott, 22 years old, driving a pickup truck and wearing a vain attempt at a moustache...
...liked to refer to as "associates." In the process, he became America's richest person, his family's wealth estimated at $23 billion. But he also became the patron saint of a down-home style of megawealth; eschewing the fancy trappings of power, "Mr. Sam" drove an '88 Ford pickup truck and hopped around the country to visit stores, take the pulse of consumers and inspire his workers. His passion, his joy, was fine-tuning his vast merchandising network by insisting on such things as brighter smiles and cheerier "Good mornings" to customers from store workers, as well as offering...
...Detroit, where car sales had climbed 3% during the first two months of this year only to slide 6.9% in the period from March 11 to March 20. "Obviously, this is not a boom," says Thomas Webb, chief economist for the National Automobile Dealers Association. Yet the modest overall pickup has left the Big Three with dwindling backlogs of unsold cars and busier production schedules. Ford plans just 12 weeks of plant shutdowns to trim inventories in the second quarter, compared with 36 weeks for the same period a year ago. The downtime could be extended, though, if buyers stay...