GM supergroups take shape in bold reorganization
GM's plan to form two mega groups Chevrolet Pontiac GM of Canada and Buick Oldsmobile Cadillac accelerates with 40 high level postings this summer. The C P C group will drive 1987 and 1989 model programs while the B O C group handles upscale front drive and luxury lines. Cadillac explores Callisto and Reatta, Buick eyes US production for sport cars, Opel links eyed for imports.
MENTIONED IN THIS ARTICLE
Paul Lienert
Knight-Ridder
Detroit
Yes
General Motors Corp
Roger Smith
Jim McDonald
Corporation
Chevrolet
Chevy
Buick
Pontiac
Olds
Michigan
Flint
Buick City
Lansing
Orion Township
Poletown
Willow Run
C-P-C
Ford
Adam Opel
West Germany
Cadillac
OPEN
Europe
Italy
Pininfarina
United States
Gourmet burgers signal adult fast food trend spreading
A wide profile of gourmet hamburger concepts targets grown-up diners beyond McDonald's and Burger King. Applebee's president Bill Palmer outlines a mid priced, from scratch menu with bars, greenhouse decor, and quick service as part of a larger Sunbelt expansion plan aiming for 200 stores by 1989.
MENTIONED IN THIS ARTICLE
Sandy Springs
McDonald’s
Burger King
Bill Palmer
T.J. Applebee's
Applebee’s
Applebee's
Palmer
Abernathy Square
Atlanta
New York Strip
Karen
Theresa Joan
Applebee
Roswell Road
San Antonio
Texas
Clark Crowdus
Fuddruckers Inc
Los Angeles
Sunbelt
Fuddruckers
Crowdus
Chili’s Inc
Dallas
Ron McDougall
Chili’s
Robert Wisely
Restaurant Research Associates
Tustin
Calif
William Trainer
Merrill Lynch
New York
Wendy’s
Warner sells Atari unit to Commodore chief Tramiel
Warner Communications Inc. sold the main parts of its Atari consumer electronics unit to a company led by Jack Tramiel, former head of Commodore International. The sale triggers a projected $425 million second quarter loss for Warner, which kept the coin operated games unit and other assets. Tramiel and associates invested $75 million in the new company, which obtained warrants to buy Warner shares, while Warner gained warrants and $240 million in Tramil’s group debts. Atari, once a high profit center, faltered due to inventory build up and declining demand after a peak in the early 1980s.
MENTIONED IN THIS ARTICLE
New York
Warner Communications Inc
Atari Inc
Jack Tramiel
Commodore International Ltd
Warner
Atari
Tramiel
Millon Warner
Commodore
Also Mentioned on This Page
Bob Schultz
Bob Dorshimer
Dave Campbell
Dick LeFauve
Opel
J Jasong
USC
Commerce Department
National Association of Realtors
Dad
Mom
Junior
W. R. Grace
Atari Consumer
Commodore Ltd
Warner Communications
James Morgan
Philip Morris Inc
Morgan
the Chronicle-Telegrams Greviation Dept. Hours
Chronicle-Telegram
Rieres
Citizens Home Savings
Lorain County
Lette
Shicuite
Broadway
Lorain
Ohio
Amherst - Vermilion
Oakwood Plaza
Oberlin Avenue
Midway Mall
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