Word: showroom
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...swept out the old management, lacocca also axed some bad business practices. The most insidious was a device known as the sales bank. Unlike other automakers, which build few cars except those ordered by dealers either for customers or showroom stock, Chrysler turned out a lot of cars that simply sat in inventory. Although theoretically this meant that production lines could be kept running efficiently, the sales bank became a tool to hide mistakes. Managers ordered tens of thousands of cars built so that they could boost production figures, as well as their bonuses. Most of the vehicles were eventually...
...moment, interactive programs are being used or developed at Atari (the disc acts as an indefatigable salesman in the showroom); IBM; Sears, Roebuck (Looking for a gingham dress? You can find it on their videodisc catalogue); General Motors; the Smithsonian Institution; Walt Disney Productions; Xerox; and the National Gallery of Art (recording 16,000 works of art for scholarly delectation). As a teaching tool for schools, industry and museums, the interactive videodisc has an assured place...
...showroom traffic was spurred by a razzle-dazzle assortment of rebates, financing deals and warranties that the car companies say they cannot afford to keep offering forever. GM garnered a 22% sales increase by giving customers 12.8% financing, which was far more attractive than the 17% auto loans available at banks. That offer has now expired, however, and GM sales may slow again as a result. Says Analyst David Healy of the Drexel Burnham Lambert brokerage house: "Early June could be pretty wobbly without an incentive program...
...again afford a new car. A break in interest rates would help, but many buyers would still be deterred by steep sticker prices. Even the cheapest Chevrolet costs $5,270. William Goff, 52, a Dearborn, Mich., telephone worker, was discouraged by what he saw last week at a GM showroom. Said he: "I can't believe that some of these cars cost more than I paid for my house." Many people are choosing to repair their clunkers rather than pay new-car prices. The average age of cars on the road has risen from 5.7 years...
...compacted energy, like a jack just popping from his box, as he shows up for work around 9. He may begin his twelve-hour day by doing sketches, while his staff sorts out a regimen that, typically, has no rigid schedules or fixed appointments. Buyers who come to the showroom to order a new line are treated, as one of them puts it, "like a guest in Armani's home. Someone offers you a simple cup of coffee. You're not blitzed with champagne, like the other fashion houses. There's no row of booze...