Auto show week tangled with U S Japan trade talks
Detroit and Los Angeles auto shows run as Washington white house mission to Japan dominates. Industry leaders including GM's Robert Stempel and Chrysler chief Lee Iacocca contend with trade policy drama while previews and speeches aim to salvage car makers amid billions in losses and layoffs.
MENTIONED IN THIS ARTICLE
Detroit
Los Angeles
Tokyo
U.S
Bush
Japan
Motor City
General Motors
Ford
Chrysler
Flint
Madison Square Garden
Chicago
White House
Rod Alberts
Detroit Auto Dealers Association
Lee A. Tacocca
Detroit Economic Club
Iacocca
Robert C. Stempel
Automotive News
Auto makers face grim 1991 sales outlook in stagnant market
Detroit based automakers closed 1991 amid recession and weak consumer demand posting about 12.3 million U.S. vehicle sales for the year, down from 13.8 million in 1990. GM Ford and Chrysler suffered losses totaling around 5 billion through nine months, with GM cutting 21 plants and 70,000 jobs.
MENTIONED IN THIS ARTICLE
Detroit
United States
Motor Vehicle Manufacturers Association
General Motors Corp
Ford Motor Co
Chrysler Corp
U.S
Ford
Chrysler
Union eyes GM plan to save Moraine plant
Dayton union officials of Local 801 press GM to explore options to keep the Moraine plant open amid broad plant closures. Leaders seek investment help for a potential $200 million clear-coat paint line while opposing contract concessions as politicians and planners push a regional landfill to cut disposal costs.
MENTIONED IN THIS ARTICLE
Union
Moraine
Dayton
General Motors Corp
International Union of Electronic Workers
General Motors
Don Jakeway
State Development Department
Dayton-area
Jim Parrish
Waste Management Inc
Waste Management
Planning Board
Parrish
Creditors approve Revco revival plan in bankruptcy case
In Twinsburg, management says creditor votes on Revco DS Inc. favor a management-backed reorganization plan, one of three competing schemes. Revco filed for Chapter 11 protection in 1988 after missing an interest payment on $800 million in junk bonds. Chairman Boake A. Sells calls the creditor plan the strongest support.
MENTIONED IN THIS ARTICLE
Revco
Boake A. Sells
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Ye Korea
Merck
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Exxon
Pierre F. Smith Co
UE International
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