Word: radially
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Dates: during 1980-1989
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...Cadillac cost several hundred dollars more to make than a Chevrolet, but it returned GM a profit of several thousand dollars more. Detroit denies that it rejects new ideas because they are "not invented here," but the industry has been slow to adopt such innovations as disc brakes and radial tires, both extensively used in Europe for a decade. Detroit was equally slow to react to the growing energy shortage...
...unclear and unenforced regulation. Companies usually explain "chemical crime," the deliberate proliferation of toxic wastes and other chemicals into the environment, by pleading ignorance of the consequence of their actions. Ford Motor Company knew that Pintos often exploded on rear-end impact; Firestone failed to disclose evidence that its Radial 500 tires tended to belt-edge separation at high speeds; for 40 years manufacturers suppressed information suggesting that asbestos could cause cancer. Harsher sanctions are necessary to eliminate corporate abuses...
...materials by 20% to 25%, and the new union contract signed last July could push labor costs up by as much as 40% over the next three years. But even before the cost crunch hit, the industry was suffering from its slowness in the early 1970s to make radial tires...