Word: profitted
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Dates: during 1970-1979
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...analysis is short-sighted. First, anyone who believes that influencing American policy against Israel will solve our oil crisis in myopically naive. Countries that support the Arab states have received no rise in gas allocations or any dip in oil prices. OPEC is hardly a non-profit organization offering lollipops to friends and depriving foes. Rather, it is a business that distributes a limited supply of gasoline and oil to an ever-increasing worldwide demand...
...them, or afford them, at the new rates. The space he hopes to sell has risen by as much as 50% in value over the past two years, but the costs of sitting on 56,000 sq. ft. of a largely unoccupied building have eroded his potential profit when he gets the building finished...
Still, there is an amber light flashing caution in the industry. Even with the substantial customer demand and profit margins that average from 8% to 10%, automakers fear that some of these high-strung dream cars may be speeding down the road to extinction. They will hardly be done in by soaring gas prices. A West German dentist earning more than $100,000 is unlikely to quibble over an extra 50c or so a gallon. And in fact the graceful sprinters with the impeccable pedigrees sip gas daintily, considering their performances: a Maserati Quattroporte gets 16 m.p.g...
...important, the financial and technical burdens of meeting the increasingly stringent pollution and safety requirements in the European companies' important export market, the U.S. The costs of retooling plants to manufacture cars that meet U.S. standards will add about 20% to the sticker price and cut deeply into profit margins. Lamborghini, which makes only eight to ten cars a month, has already written off the U.S. market rather than invest the money required to meet its specifications. Maserati, which sends half of its output to the U.S., is waiting to see if its product has passed a pollution test...
...interest in a company that, after teetering on the edge of disaster on and off for 25 years, is staging a modest rally, mainly because of the popularity of its reliable Jeep. In the nine months ended June 30, while Chrysler was sinking deeper into debt, AMC made a profit of $73.3 million, compared with $10.7 million in the same period a year earlier...