GM seeks bigger concessions from UAW as talks resume
GM presses for more concessions than Ford received, not higher dollars, while UAW chief Fraser condemns such a demand as unethical. GM cites plant closings and $333 million profit last year, Ford's $1 billion loss, and health benefit costs as factors in bargaining. Talks reopen with no deadline, possible agreement by next weekend, and March 22 Executive Council review.
MENTIONED IN THIS ARTICLE
Detroit
UPI
General Motors Corp
United Auto Workers
Ford Motor Co
UAW
Alfred Warren
Ford
Douglas Fraser
Warren
Fraser
Market shifts away from mid size cars in 1982 sales
Detroit based report shows Big Three mid-size car sales dropped over 20 percent in January and February 1982 from 1981 as shoppers pivot to luxury and high performance models amid falling gas prices. Ford Escort and Lynx subcompacts rise. GM Firebirds and Camaros sell briskly.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Ward
Ward’s
Marty Hartwig
Iowa City
Iowa
Arthur Davis
Prescott, Ball & Turben
Cleveland
Dave Power
J.D. Power & Associates
Westlake Village
Calif
Dick Thompson
Pontiac Motor Division
Ford Motor Corp
Penelope Longbottom
National Automobile Dealers Association
Chrysler Corp
Tom Jakobowski
Lincoln
Environmental Protection Agency
Arvid Jouppi
Colin, Hochstin Co
Los Panchos to Open in Sheffield Lake Area
Mexican restaurant Los Panchos will open at the former Campi's site at Abbe and Lake Road next month, bringing about 20 new jobs. Owners David Arredondo and Michele Arredondo say the menu will include tacos enchiladas tamales and other Mexican dishes plus hot dogs burgers fish and chicken with takeout and home ingredient options. Arredondo is deputy director of the Comprehensive Employment and Training Act office in Elyria. Campi's will relocate to Miller Road in Avon Lake.
MENTIONED IN THIS ARTICLE
Sheffield Lake
Abbe and Lake Road
David Arredondo
Michele
Arrendono
Comprehensive Employment and Training Act
Elyria
Campi’s
Miller Road
Avon Lake
Rates worry markets as money supply climbs
New York stocks moved lower in early trading as concerns about the money supply and interest rates grew. The Dow fell to 794.43, with more losers than gainers on the NYSE. analysts noted the Fed’s $3.4 billion rise in the money supply and warned of possible higher liquidity needs in April due to tax refunds. Sony, Dow Chemical, and General Telephone fell in initial quotes.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
Grain prices by Ohio region falter after Friday close
UPI reports Baral marketing areas in Ohio show weighted cash grain prices per bushel with Northeast including No 2 wheat 3.12 No 2 shelled corn 2.40 No 2 oats 2.92 No 1 soybeans 5.82 Northwest No 2 wheat 2.14 No 2 shelled corn 2.38 No 2 oats 2.17 No 1 soybeans 5.82 Central No 2 wheat 3.27 No 2 shelled corn 2.44 No 2 oats 2.43 No 1 soybeans 5.83 Trend shows No 2 wheat sharply lower No 2 shelled corn lower No 2 oats unchanged No 1 soybeans lower.
MENTIONED IN THIS ARTICLE
McGrace
Searg
AllidCp
A&p
He Anisalm
Alcoa
Gulf Oil
Sioca
AMAX
Hershf
Am Airlines
HospilCp
AmCan
Vet Stewen
Aay
Inco Ltd
Tennco
Exaco
AE Pwr
Am Motors
Int Harvest Intl
Trans W
Cy ‘Timken
Amt&t
TRW
Mit MG Armco
Kellogg
UAL Inc
BethStl
Kroger
Boeing
Pierre R. Smith Co
Leve Iam
MobilCorp
AmerMachFindry
Colgate
Monsan
CookUtd
Ye Norfkw
Inter, Inc
CurtissWr
Searle
G.D
Smucker
Reyards
ASH - Meithern Co
GenMet
Tet Edison
Gdrich
Rockwil
Rubbmn
Union Pacific Corp
Goodyt
Columbus
UPI
Baral
Hio
Ohio
Northwest
Secretarial Seminar Set at Lorain County College
A four hour seminar titled Successful Communication for Secretaries is planned for 1 p.m. on April 2 at Lorain County Community College. It will help secretaries sharpen skills and assess their own communication styles.
MENTIONED IN THIS ARTICLE
Lorain County Community College
Mitchell Zunich Obtains CPA Certification
Mitchell P. Zunich, 24, of 823 Lincoln Street Amherst, has passed the state exam for certification as a public accountant. He is a senior accountant with Coopers & Lybrand of Cleveland.
MENTIONED IN THIS ARTICLE
Mitchell P. Zunich
Lincoln St
Amherst
Zunich
Coopers & Lybrand
Cleveland
Also Mentioned on This Page
GM Council
J.D. Power
Sony
Dow Chemical
General Telephone & Electronics
Neta
Mitchell Zunich
John B. Simpson
Ua.w
UMW Bendix & Luxaire
Byria
Nahongi Assotiational Securities Owaters Ing
SIPC
Corain
CLEVE
Spitter Park Plaza
Cary Business Phon
Freedom
Collender
FDIC
Lorain County Savings & Trust Co
Middle Ave
P.O
Oro