Word: pontiac
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Dates: during 1980-1989
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...Pontiac dealer in Glendale, Ariz., Evan Mecham handled his share of recalls, but he surely never expected to be the subject of one himself. Yet after just two months as Governor of Arizona, Mecham, 62, faces not only a storm of criticism over his appointments -- and the lowest approval rating of any new chief executive in local memory -- but also a growing effort to recall...
...displaced employees chose early retirement and stayed in the area, the long-term impact of the Phillips cuts was not as damaging as it might have been. Still, most business leaders in town say their customers are more cautious spenders now. Observes David Oakley, president of Oakley Pontiac-Buick: "People are starting to hang on to cars a little longer. My new-car sales are off, but service...
...about 9:30 p.m., a passing motorist saw the car, a red Pontiac Sunbird, partially submerged in the river...
...company intends to bring back its product differentiation, so that Chevrolet will once again be perceived as the bargain-price brand, Pontiac the high-powered car, Buick and Oldsmobile the posher models and Cadillac the top of the line. The new stylings may provide added motivation for GM's network of 9,720 car dealers, many of whom have been clamoring for stronger GM brand identities. Observes Joseph Cappy, president of rival American Motors: "That Chevrolet dealer network is so strong they can sell anything. You give them a good product, and they'll just knock the doors...
...Japan and $25 in the U.S.) benefit from a production boom largely of foreign inspiration. Daewoo, the nation's second largest automaker after Hyundai, is preparing to ship next year as many as 100,000 units annually of a new GM subcompact known as LeMans, to be sold through Pontiac. Daewoo is 50% owned by GM. Ford owns 10% of Kia, South Korea's third largest auto manufacturer...