Word: volkswagen
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...Lynn Townsend was Chrysler chairman from 1967 to 1975. - Ranked by cars and trucks produced in 1981, the 15 largest vehicle manufacturers in the world are: GM, 6,240,380; Ford, 3,730,319; Toyota, 3,220,418; Nissan, 3,100,968; Volkswagen-Audi, 2,210,666; Renault, 1,810,365; Peugeot-Citroen-Talbot, 1,593,943; Fiat, 1,209,819; Toyo Kogyo (Mazda), 1,176,608; Mitsubishi, 1,094,793; Honda, 1,008,927; Chrysler, 1,002,464; Lada (U.S.S.R.), 830,000; Daimler-Benz, 712,315; Suzuki...
...ideal combination, says lacocca, would be a top Japanese producer at the low end, a high-tech European company for the luxury segment and an American company for the middle of the market. As lacocca sees it, "That would be Mitsubishi, Peugeot and Chrysler or maybe Nissan, Volkswagen and Chrysler...
Other convertibles were available in the U.S., of course, when Iacocca began cruising around Boca Raton in his custom-made number, but nearly all were prohibitively expensive imports that served mainly as playthings for the rich and as auto-show mouth waterers. The principal exception was Volkswagen's Rabbit, introduced to replace the Beetle in 1980. Crafted by Karmann, 12,114 of the ragtop Rabbits were sold in 1981 (price: $10,000) at a handsome profit. In addition, small customizing companies in states like Florida, California and Michigan have been cutting the steel tops off cars since the late...
...first homicide in six months for Cheyenne, Wyo., and one that area residents will long remember. When Richard C. Jahnke, 38, an IRS senior agent, stepped out of his blue Volkswagen to open the garage door of his $125,000 red brick home on Cowpoke Road one evening last month, he walked into an ambush of shotgun slugs. He died instantly, and the attacker swiftly fled with an accomplice through a bedroom window. But when, within twelve hours, police arrested the two alleged murderers, the reaction was shock more than relief. Charged with the crime were Jahnke's children...
...boxy station wagons have endeared themselves to L.L. Bean-wearing university professors and affluent suburbanites. Today the safe and sensible Volvo has never been more popular. In a year when other auto manufacturers are struggling, Volvo's American sales are up 12.8%, and the car has passed Volkswagen as the bestselling European import. Last week the Volvo's proud Swedish parent announced that its earnings nearly doubled during the first nine months of this year, to $257 million, as sales increased...