Word: toyolet
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...agency's 3-2 vote, which will become final after a 60-day period for public comment, opens the way for the partners to begin producing the cars late next fall. Experts look for the new auto, already dubbed the Toyolet by Detroit wags, to resemble Toyota's redesigned 1984 Corolla, which sells for some...
...venture plans to start turning out 200,000 small cars a year in late 1984 in a GM plant in Fremont, Calif, that once employed as many as 6,000 workers but has been idle since March. The front-wheel-drive subcompact-quickly dubbed the Toyolet in Detroit-will be patterned on a new version of the Toyota Corolla and will sell for a base price of about $6,500. GM and Toyota will be equal partners in the plant, but Toyota has the right to pick the boss. The firms expect the enterprise to hire 3,000 workers...
...labor. United Auto Workers President Douglas Fraser, who welcomes the enterprise, said last week: "Getting jobs for Americans is more important than whether or not they belong to our union." If that sounds magnanimous, it may be because Fraser is sure that without the U.A.W., there will be no Toyolet...
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