Word: snafus
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...move quickly with all the industry's new trends, and Studebaker's ancient plant there was hopelessly inefficient. The company's dealer organization was too small, haphazard and ineffectual. Efforts to revitalize the company were snarled by lack of cash and a series of incredible production snafus. In the past five years, Studebaker has lost at least $40 million in automaking; this year, despite the introduction of pleasantly restyled 1964 models, sales for the first eleven months fell to 59,742 cars. Last month Studebaker's directors fired President Sherwood Egbert, who insisted on staying...
Egbert also has to live down some mishaps from the '63 model year. Foremost among them was the longnose, short-tail Avanti sports car, which Egbert intended as his answer to the Thunderbird. An incredible series of production snafus involving its Fiberglas body delayed the Avanti's debut by six months; Egbert had confidently predicted 10,000 sales of the '63 Avantis-at about $5,000 each-but only 1,743 have moved. Similarly hurt was the sales potential of another Egbert innovation, the Wagonaire station wagon with a sliding roof; at the last minute, Studebaker discovered...
Bothered by Bottlenecks. Some of Studebaker's troubles stem from the fact that the basic design of its Lark has not changed in four years while consumer tastes in cars have. But even more crippling has been a series of production snafus...