Word: pontiacs
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Dates: during 1990-1999
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...tailored suits and some suspected of sporting golf-course tans. Big black limousines waited with motors purring. Five Lincolns, two Chryslers, an estimated $200,000 on the rubber, not including drivers -- all courtesy of the beleaguered budget. Massachusetts' Silvio Conte settled behind the wheel of his own flame red Pontiac GTO convertible, top down, and roared back up Pennsylvania Avenue. The logo on the back fender read THE JUDGE. Message there. These arguments over the people's money are destined to be long and bitter, but there is every evidence that no matter which side wins this case, the taxpayers...
...most damaging change in GM's 1984 reorganization was probably the dismantling of its two huge, parochial divisions, Fisher Body and GM Assembly. GM created in their place two integrated divisions, now called Buick- Oldsmobile-Cadillac (BOC) and Chevrolet-Pontiac-GM of Canada (CPC). The move may have made financial sense, but it diminished what automakers call brand character by centralizing design and engineering operations...
Under the reorganization, the Cutlass Supreme was subsumed into the $5 billion GM-10 project, which also developed versions of the Buick Regal and the Pontiac Grand Prix, all of which shared components with one another. In spite of GM's huge investment in retooling and reorganization, the result was a car line that has failed to excite consumers. Further weakened by a slumping U.S. auto market, the Olds Cutlass has turned into a money loser...
...area, productivity, is the company seriously lagging behind its Asian rivals.) Why, then, has North American GM failed to import more of Opel's technology and know-how? GM executives in Europe tend to shrug at the question and point to the occasional instance of cooperation. Most notable: the Pontiac LeMans, which is in effect an Opel Kadett built in South Korea by Daewoo and shipped to the U.S. "I wouldn't rule out the use of Opel strategically, let's say if we needed a small car in the U.S.," says John Smith Jr., who as president...
Biggest Letdowns. Kodak's disk cameras took fuzzy pictures. RJR's Premier, the so-called smokeless cigarette, tasted like burning plastic. New Coke wasn't the real thing. The Pontiac Fiero caught on fire, literally, then flamed out. Home banking via personal computer was for nerds. All-suite hotels went up, then stood vacant. And portfolio insurance may have helped cause the crash...