Word: stempel
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...technical resources. The companies argued that auto exhaust is already 96% cleaner than it was before pollution-control measures were introduced two decades ago. Noting that the House limits would be tougher than those President Bush put forward in his clean-air package last summer, General Motors President Robert Stempel asserted, "For our business it would be extremely tough. It went further than the President proposed, and we're deciding how to handle...
Nonetheless, U.S. automakers insist that California standards would become burdensome if adopted nationwide. GM's Stempel argued that the stricter requirements would raise car prices in regions that are free of smog. Declared a Chrysler spokesman: "If you lived in Resume Speed, N. Dak., you would be paying for a piece of equipment that you simply did not need to keep your air clean...
...over the air people breathe. Even corporate giants recognize that they can no longer simply dig in their heels and resist demands for clean air. Chrysler vice chairman Gerald Greenwald noted in August that automakers had hurt their credibility by stubbornly opposing most new regulations. And while GM's Stempel attacked the House vote last week, he acknowledged that the subcommittee had at least cleared up confusion over what the new tail-pipe standards would be. For all its past intransigence, Detroit may be ready to concede that compromise is a two-way street...
BUSINESS: Car buff Robert Stempel hopes to put a new shine on GM' s image...
...Stempel, the leading candidate to succeed chairman Roger Smith, could be the man to engineer a turnaround at the lagging automaker. He has already given dealers and employees a much needed morale boost. -- Investors worry about debt as the bidding for RJR- Nabisco intensifies...