Word: redesign
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Dates: during 1990-1999
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Many Europeans see a nation that is no longer there. But the emergence of a mightier Germany means it will have to be reassuring to its neighbors while the Atlantic partners try to redesign the alliance. -- Mikhail Gorbachev takes on more powers -- and more problems. -- Israel's government stumbles and falls over the peace process...
...time when GM's domestic products are drawing mixed reviews, GM Europe's new cars and engines have garnered glowing write-ups in the auto-savoring European press. The manufacturer's success is owing in large part to the successful redesign of its market-leading subcompact, a car class in which the parent company has produced notable failures like the Chevrolet Chevette. The GM Europe subcompact, which goes by the names Opel Kadett and Vauxhall Astra, is now selling at the rate of 630,000 cars a year, making it the best-selling GM car in the world...
...influence of GM's European experience is likely to become stronger in Detroit when Chairman Roger Smith, 64, departs later this year. The leading contender for the job is President Robert Stempel, 56, who as managing director of Opel from 1980 to 1982 gave the green light for the redesign of the successful Kadett. And a likely candidate for the president's job is John Smith, 51, who from 1986 until his repatriation in 1988 was president of GM Europe. The two executives would be likely to push GM toward faster, less centralized decision making. Domestic GM has a long...