Word: saturns
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...Saturn Corp. will begin life with about $150 million in capital, but it is expected to spend $5 billion during the next three to five years. About $3.5 billion of that, said Smith, will go toward building a vast factory of & approximately 4 million sq. ft. at a site not yet determined by GM's planners. The plant could be built in a little more than two years, with cars rolling off the assembly line and into showrooms by the fall of 1987. Says an impatient Smith: "I don't like to wait long for anything." The effort could create...
...when the company introduced the Pontiac. Last week another one was added. Chevrolet, Pontiac, Oldsmobile, Buick and Cadillac suddenly got a baby brother. In GM's boldest plan yet to counter Japanese imports, Chairman Roger Smith announced that it would set up an entirely new company, called Saturn Corp., to produce its long-planned line of subcompact cars. Smith called Saturn "the key to GM's long-term competitiveness, survival and success as a domestic producer...
...former Oldsmobile division boss and head of GM Latin American subsidiaries. Sanchez will operate much like the chief executive of a totally new and independent company. Said Smith: "We are not going to handicap him with a lot of preordained rules." Freed from the heavy, established GM structure, Saturn's managers are supposed to move swiftly on several fronts to make cars that are, in both quality and cost, competitive with Japanese models. Currently, for example, Japanese automakers can turn out a vehicle for about $1,500 less than GM, Ford or Chrysler. At the same time, though Detroit...
...only the second time in history, a human heart had been permanently replaced by a machine. Like a landing on the moon or a close-up photograph of Saturn's rings, it was an event that seized the world's imagination, arousing once again a sense of shuddering awe at the incredible powers of technology, a sense that almost anything is possible, almost anything that can be imagined can be done...
...Voyager probes to Saturn and beyond were "as exciting as the discoveries made in the age of Columbus," declares Sagan. The observation of huge dust clouds on Mars set scientists to wondering what would happen to the earth's atmosphere if the sky filled with smoke and ashes from cities burning during a nuclear war. The answer was the chilling vision of a "nuclear winter" that would blot out the sun and end life on earth. Unmanned satellites help verify arms-control treaties, map ocean currents and weather patterns, even locate mineral deposits...