Word: volkswagen
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...most of their European competitors. With few exceptions, European companies are still chopped up into national units. Despite the Common Market, their managers have so far been unable to overcome disparate systems of law and taxation to merge into multinational European companies-such as a scarcely dreamed-of Fiat-Volkswagen-Citroën combine...
...their songs, "the people are wild and the coyotes are tame." Their only food was wild game that Beers hunted in the mountains. When possible, they stuffed their 150-lb. psaltery, dulcimer, fiddles, banjos, guitars, buckskin drums and camping equipment into and on top of their Volkswagen and toured the mountain towns and country fairs. Then, when the fad for folk singing mushroomed in the late 1950s, everyone was suddenly stuck on the psaltery...
...that German businessmen advertised futilely in the London Financial Times for investment capital. Squeezed by rising labor costs and tight money, industry has pulled in the reins. The Krupp complex has a six-month supply of unsold trucks, may have to put 1,500 workers on reduced shifts. Volkswagen, with 84% of recent sales in overseas markets because of a severe drop in domestic demand, has cut 17 days off its production schedule for the next three months. In all, West German industry's capital investment is expected to be off 12% this year...
...Volkswagen, already Brazil's leader, plans to up production from 420 to 500 vehicles a day within a year, will spend at least $100 million for plant expansion...
...VOLKSWAGEN: Defective stop plates for brakes on an unknown number of '67 sedans, convertibles and Karmann Ghias. The company said the problem had been corrected before delivery...