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Kokomo Tribune: Thursday, October 20, 1994 - Page 1

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   Kokomo Tribune (Newspaper) - October 20, 1994, Kokomo, Indiana                                47 K 50 cents GMs in the pink in the black DETROIT AP General Motors today reported a thirdquarter prof it of million in contrast to a loss of million in the July through Septem ber period last The nations biggest automaker cited strong and said its losses from North American operations narrowed Were pleased with the market response in North America and in partic ular the strong consumer reaction to the significant number of new vehicles intro duced this GM President Jack Smith But he said profits were restrained by the costs of Amodel star capacity constraints and the lost production resulting from strikes at two North American The earnings amounted to 40 cents per share of GM common stock a loss of 49 cents a share last Delco stokes GMHE earni EDS sets earnings record the quTrter roseie percent to btlHori profitability to the companys North from billion a year ago In last American years third GMs loss reflected j onetime charges that reduced net income and a onetime gain due to a change in tax In its North American car and truck GM said it lost million for the latest compared with a loss of billion a year earnings Wednes day that totaled more than million for July through Septem up from million a year Smith has set a high priority on bring While we recognise the need for fur ther we believe our fun damental turnaround strategies are Smith pur rate of implementation must accelerate because weve got a long way to go to meetour competitive GMs defenseelectronics and computer services subsidiaries reported The third quarter normally is the years least profitable for Their pro duction and sales are held back by vaca tion shutdowns and the changeover to new while fixed costs But Chrysler last week reported a million profit for the a 54 percent increase over last Ford Motor increased the dividend paid on its by percent last suggesting that its thirdquarter due next might be GMs production and sales for the July September period were ahead of last The company continued to reduce reliance on costly rebates and other inducements to and demand for highprofit light trucks stayed The introduction of new versions of Chevrolet Cavalier and Lumina and other highvolume vehicles hampered GMs ability to take full advantage of the sales It also lost some production from short strikes at plants in Indiana and Michigan that forced closure of assembly plants because of parts GMs profit for the first nine months was or a com pared with or 85 cents a in 94 campaign passes halfway mark Pledges total United Way The United Way of Howard County crossed the halfway mark in its 1994 campaign with pledges total ing six weeks into the annual fundraising The total represents 55 percent of the agencys million It also represents a jump of nearly 20 per cent over last weeks pledge which was Groups responsible for drum ming up pledges in the Russiaville area and among local grocery stores turned in the best perfor mances of the both raising well over 100 percent of their The Russiaville group reported it had raised which is 107 percent of its 1994 United Wa Campaign The grocery stores posted an even more impressive rais ing nearly I1 times their As of the group had collected in good for a 140 per cent The total was given a big boost Wednesday About was raised at the United Ways Monte Carlo conducted at Rookies Sports People attending the event paid to enter and received in funny money with which to gam That money could then be used to bid on a large of prizes donated by a number of local Mike of the United said turnout was excellent for the If we would have had any more we probably would have had difficulty keep ing people he Evori Whitfield reacts to winning at the roulette wheel during United Ways Monte Carlo night Tribune photo by Stephen Shaner The generated by the casino night should help United Way volunteers in their efforts to meet Spears challenge to bring the fundraising total to 90 per cent of the goal by next Wednes days weekly report The United Way campaign con tinues through Money raised by the United Way supports the following local organizations American Red HowardTipton chapter Big Big Sisters Bona Vista Rehabilitation Center Boy Scouts of Sagamore Council CASA Carver Commu nity Center Family Service Asso ciation Food Finders Food Bank Girl Tribal Trails Council Howard County Childrens Cen ter Literacy Coalition Mental Health Association the Salvation Army YMCA and crunch A squirrel munches seeds from a sun flower that was put out on a deck in back of a house here earljer this AP photo Menges points finger at Andrews Claims he used vehicles for campaign purposes ByJEFFPARROTT Tribune staff writer Howard County Republican Party Bill Menges this morning accused Prosecutor Jim Andrews of using seized vehicles for personal and campaign Menges said Andrews drove a 1988 Pontiac Grand seized in a 1990 drug to a Cotton Bowl game in I did take it one I believe it was that I took Andrews said in a telephone interview this When asked to justify his per sonal use of the Andrews said he had a meeting with Koko mo Police Chief Lynn Rudolph and Sheriff John in which the officials agreed that the use of any seized vehicles was left to the responsibility of the respec tive Therefore I was responsible for how this Grand Prix was Its been used by its been used by Andrews He said in his the per sonal use of the vehicle at the Cot ton Bowl was acceptable and there was nothing ethically wrong with He said he wont reimburse the county for its At a press conference Menges called at GOP Menges provided a list of ques tions hed compiled fpr He said the public right to know the anaWiMfs to ttuta because he didnt believe the results of a State Board of Accounts audit on the prosecu tors office will be released before the 8 Three of Menges questions related to the Grand Prix that was seized in a 1990 drug then sold at public auction on Do you intend to reimburse the county for your use of the vehicle to attend the Cotton Bowl in Dal Texas Menges Do you intend to reim burse the county for the use of the vehicle by your in driving to and from classes at Miami of Ohio In Andrews said his son once returned home to Koko mo to have his own car then drove the Grand Prix back to Ohio without his knowledge and Andrews said he was in Palm at the and when he returned he drove his sons car to Ohio and brought the Grand Prix Andrews said this was the only occasion his son took the car to He added that his son felt it was all right to take the car because he had worked for the prosecutors Andrews said he is willing to reimburse the county for the Menges also alleged a Chevrolet pickup forfeited in Febru ary by a man convicted of operat ing gambling has been used to place Andrews campaign signs around Andrews said he gave his staff specific directions not to use the truck for campaign purposes and has no knowledge this The Grand Prix was titled in the personal name of James the Kokomo Tribune discovered when it was auc Two other drugseizure vehicles sold along with it were titled to the Howard County Pros ecutors Andrews was asked then why the Grand Prix was titled to him Those when they are when they are theyre filed ex rel in the name of James Prosecut ing Thats the way theyre filed in the its the way all seizures are There may be a transfer of which there has been on number of to other departments and so but nothing unusual about Andrews 1 didnt profess to have any ownership of that City getting a new airline By STEVE JACKSON Tribune staff writer A Milwaukeebased airline is looking at bringing commercial air service back to the Kokomo Municipal Airport for the first time in five Skyway a subsidiary of Midwest a toprated commuter is scheduled to take over General Motors shuttle Along with transporting workers to and from GM and Delco Electronics facilities in those Skyway will sell seats primarily to business Jeffrey director of passenger ser vices for said the airlines commer cial service to and from Kokomo will cater primarily to business travelers who make singleday trips to one of the three cities served by the Please see Page Inside todays Tribune Classified Local News of World   

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