Word: toyota
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Dates: during 1980-1989
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...require more "domestic content" in foreign cars sold in the U.S., as much as 90% American parts and labor in models recording 900,000 or more U.S. sales a year. The scheme could raise prices as much as $3,000 a car on makes such as Datsun and Toyota, and probably ignite a trade war that would wipe out many more jobs in American export industries than it would save in U.S. auto factories. The bill will probably pass the House but will be deservedly ignored in the Senate...
...boom years, those cars would have been new. Now only an occasional '82 Buick Regal or Chrysler Le Baron gleams hopefully among older Coupe de Villes, Torinos and Caprice Classics. A Thunderbird stands in ruinous decay next to the embarrassing glint of a new Toyota. An ancient Ford station wagon, held together by spit and masking tape, boasts a bumper sticker that says: THUMBS UP FOR MICHIGAN...
...fuel-efficient small cars, the market sector in which foreign competitors are strongest. In the last two years, Ford has sold 600,000 subcompact Escorts, partly by holding prices so low that sales have barely covered costs. To stay competitive, General Motors is trying to reach an agreement with Toyota Motor Co. of Japan, in which the companies will jointly build small cars at an assembly plant in Fremont, Calif., that GM closed down early this year...
...corporate America and the captains of the auto industry specifically" for continuing to support the Reagan Administration's economic program. In an effort to create jobs for union members, he is leading a congressional lobbying effort for a bill that would force the two largest Japanese auto manufacturers, Toyota and Nissan, to build cars...
...stage of development for films. Francis Ford Coppola has finished shooting The Outsiders, and is currently making Rumble Fish. That Was Then, This Is Now has been optioned; Tex, starring Teen Idol Matt Dillon, has been released by Walt Disney Productions. The married Hinton, who owns a horse named Toyota, has no plans to write adult fiction. Says she: "I'd rather claim authorship of My Friend Flicka than Princess Daisy...