Word: volkswagens
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Dates: during 1970-1979
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Moses Wine is a sometime Berkeley activist and law school dropout, now beginning a new life and career as a Los Angeles private detective. He drives an unprepossessing yellow Volkswagen convertible and often has to take his two kids along when he's on a stakeout-his ex-wife being much preoccupied with her est-like training and her live-in, est-like trainer. The rest of his family consists of an aunt who once waltzed with Bakunin in Russia, and is too busy to be much help with the kids: she's trying to radicalize her senior...
...even, as one did, on a shady traffic island in the middle of Cannes. Typical is Axel Koenigs, a young West German bank employee who drove to the Côte d'Azur with two friends. After trying 40 campgrounds without luck (and meantime sleeping in his Volkswagen), he invaded a freshly cut hayfield. Says he: "Since there is no possibility to find solitude, we intend to make the best...
...production and about a fourth of its worldwide output. Additionally, in the past year the company has sold operations in Argentina and Turkey to local investors; it is dickering to have Japan's Mitsubishi take over at least part of Chrysler Australia and has been trying to induce Volkswagen to buy part of Chrysler Brazil. Chrysler may sell some other Latin American operations...
...companies have to pay higher prices for foreign-made heavy machinery, engineering equipment and other high technology goods that have now replaced oil as the largest single category in the nation's import bill, but individual consumers are also being hurt. In the past year, the price of Volkswagen Rabbits has climbed 12.6%, and Japanese Toyotas are up 13% this year. Rising prices for imports likewise give domestic manufacturers an excuse to raise their own prices. This in turn sends more money pouring abroad, depressing the dollar's value on foreign money markets. Says Chase Manhattan Bank Economist Sykes Wilford...
...sales should be flattened by the C.U. warning, it would not be a good omen for the front-wheel-drive cars that they are preparing to bring out over the next two years. Americans already are buying hundreds of thousands of front-wheel-drive cars imported from abroad, including Volkswagen's Rabbit, Honda's Civic and the Ford Fiesta. Consumers Union found no fault with these cars, which it says passed the same tests that the Omni-Horizon flunked. Nor did Consumers Union express any doubts about the concept of front-wheel drive; indeed, it said a properly...