Word: toyota
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Dates: during 1980-1989
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...Toyota deal rolls...
...anything but a modest proposal. General Motors, the world's largest automaker, would hook up with Toyota, the No. 3, to build some 200,000 small cars a year in a now closed Chevrolet plant outside San Francisco. When it was announced last February, the plan provoked cries of alarm from rival car manufacturers and set off an intensive Federal Trade Commission review. Last week, after GM and Toyota signed an agreement stating that they would abide by U.S. antitrust laws, the FTC gave the green light to the venture...
...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...
...fourth year of restrictions on exports of autos to the U.S. They will be held to 1,850,000 in the twelve months beginning next April 1, a bit more than the 1,650,000 a year provided under the expiring three-year pact, but probably much less than Toyota and Nissan could sell in a wide-open market...
...Toyota showed several new models, including the SV-3, its first sports car since the 2000 GT in 1967. The company's FX1 car has glassed-in roof pillars and windshield wipers hidden under a sliding shutter. The doors tilt and glide out. It also has a voice-command system similar to Nissan's. At low speeds, half the engine shuts down to conserve fuel. Toyota was also showing off the TAC3, a sporty, four-wheel-drive car in which the driver sits in the middle, with passengers behind...