Word: somes
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Dates: during 1970-1979
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The confusion was an invitation for price gouging. The National Iranian Oil Co. (NIOC) demanded $50 per bbl. for some oil it put on the spot market and threatened that if its regular customers did not pay the price, NIOC would refuse to renew its supply contracts when they expire...
The spot market chaos will fuel demands for a big new surge in official OPEC prices when the cartel meets in Caracas on Dec. 17. Already Algeria and Libya have pushed their prices beyond the ceilings set by OPEC in June, and last week Nigeria jumped to $26.27 per bbl...
AMC has rested its survival strategy on what Chairman Gerald Meyers calls a "three-legged stool" of small cars, Jeeps and steady Government contracts for postal vehicles and military tactical trucks. Since 1974, AMC's line-up of cars has shrunk from six to three: Concord, Spirit and Pacer...
By putting a Concord compact body on a four-wheel Jeep-like drive train, the company has produced a new car that gets about 16 m.p.g. and sells for some $7,000. Name: the Eagle. It rides easily, stops quickly on icy roads, and is designed for doctors, firemen, people...
The best future asset is the forthcoming liaison with France's rich dowager, Renault, which will eventually own 22.5% of American Motors stock. Renault's mini Le Car is selling well in AMC showrooms and drawing customers to some of American Motors' own models. Automakers will survive...