Word: importance
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Dates: during 1960-1969
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...CARATS, a French import directed by Abe Burrows. Middle-aged woman loves young man; her teen-age daughter loves "older...
...Detroit is preparing to meet the challenge with a new group of cars even smaller than the original compacts. More than half of all imports are accounted for by West Germany's low-cost ($1,699) Volkswagen, whose continuing success suggests that the import phenomenon is attributable less to beauty than to size and price. With many foreign cars, of course, there is also the desire for prestige. Until now, the Big Three have been trying to fill the size and price specifications with their own foreign-built cars, notably Ford's English-made Cortina, Chrysler...
...than their foreign competitors, U.S. automakers enjoy a far greater unit profit on bigger, jazzier cars than they could hope to on European-style ones. In order to make a go of it with low-priced cars, they must be certain that the volume is there. The upswing in import sales, which will account for a $2 billion chunk of business this year, has convinced them that...
Deputy Premier Ota Sik, the country's top economist, wants to eliminate price supports, close inefficient plants, retrain workers and import Western goods so that Czechoslovak consumers can become accustomed to-and demand from their own manufacturers-better-grade products. In order to slip away from the Soviet embrace, Sik wants to borrow $500 million in Western Europe if the Soviets will not provide what he needs. With that money, Czechoslovak plants could buy the new equipment that they need to turn out high-quality products to sell in competitive Western markets...
...seven months in 1966 before stepping down to enter business. "I felt that in commerce," he explains, "I could make a real contribution to national development." Owner of one of the finest libraries on Africana in Kenya, Murumbi is chairman of a large sugar refinery, a Nairobi-based export-import firm, and an advertising agency that promotes, among other things, African trade abroad...