Word: volkswagen
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...Paulo Industrialist Paulo Quartim Barbosa, "is an illusion of grandeur and a guarantee of catastrophe." As for foreign investors, they were busy dusting off all the expansion plans pigeonholed while Goulart was in power. Willys-Overland do Brasil, the country's largest automaker, plans a $30 million expansion, Volkswagen is investing another $21 million in its São Paulo plant, Argentina's Bunge & Born is ready to go ahead with a $16 million superphosphates plant, Columbia Ribbon & Carbon plans an $8,000,000 investment, and Holland's Philips Lamp is set to build a $10 million...
...favorite guessing game for the last four weeks has been "Whither Brizola?" A demagogic leftist Congressman and brother-in-law of deposed President João Goulart, Leonel Brizola had last been seen two days after the revolution, scooting up a Pôrto Alegre street in a green Volkswagen-an angry, rock-throwing crowd chasing him on foot. Then he dropped from sight. Was he hiding out in his home town of Pôrto Alegre? "Impossible," sniffed the Pôrto Alegre military. "We would have captured him." Uruguay? "Impossible," echoed the border patrol. "We have the strictest...
...that auto-conscious Detroit suburb, where people can spend whole evenings talking about the virtues of a taillight, it did not go long unnoticed despite its lack of identifying insignia. Groups of children on their way to school turned to stare at it and point. The driver of a Volkswagen raised his fingers in a V-for-victory sign. As the car picked up speed and headed south ward toward Detroit, a flickering trace of satisfaction crossed its driver's impassive, hawklike face...
Farthest-out are the "show cars " Jilt by pros and toured as an inspiration to the amateur hobbyists These include "Car Craft Dream Rod," with a Volkswagen front end, a Ford engine Pontiac door and fender panels, a Studebaker top, and other parts from various foreign sports cars-all assembled in the latest custom wrinkle, called asymmetrical styling (both headlights, for instance are on the left side...
German nationalization began with Bismarck, continued through the Weimar Republic and reached its climax in the Third Reich, which organized such huge enterprises as Volkswagen and the Salzgitter steelmaking complex to equip the army. Not a single firm has been nationalized since the war under the Christian Democrats. But still left over from the old days is a $2.5 billion government stake in companies that account for 40% of West Germany's iron ore production, 70% of aluminum, 60% of electricity and 80% of soft coal. In 1959 the government finally sold off to 216,000 German buyers...