Word: compacts
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Dates: during 1970-1979
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First, a "compact" requires more than one party. Persons and corporations in the private sector regularly use their economic leverage to influence the activities of our universities through their decisions--either not to attend or support particular ones, or to support them for specific purposes. Corporate leadership is more sensitive than ever about the support of institutions which, in their judgement, are improperly critical of their ethical practices or "capitalistic," free enterprise premises...
...Universities that violate this social compact do so at their peril," he said...
Next month GM will roll out its basic lean cars for the 1980s. In the splashiest and costliest auto introduction in history, the company on April 19 will start selling its new compact X cars. Departing from the secrecy that surrounds most new models in Detroit, GM added to the hype by allowing plenty of tantalizing pre-introductory glimpses of these autos. Almost everything in them, from axles to windshields, has been redesigned to save weight and spare gas, and the company has poured $2.5 billion into the project so far. The stubby X car will replace four...
Weighing 2,500 Ibs. and having a wheelbase of 104 in., the new cars will be 800 lbs. lighter and 20 in. shorter than the compact cars they replace. But they will be slightly bigger and heavier than Chrysler's Dodge Omni and Plymouth Horizon and about 14 in. longer than Ford's Fiesta-three cars that GM's competitors have already introduced for the new era. Engineers estimate that the X cars will average 26 m.p.g. The cars will list for $4,100 to $4,500 with automatic transmission as an option. Independent, noncompany drivers...
...Ford in Dearborn, Mich., is a bit less cheery than at GM. The company had sales of $43 billion last year, and so far this year has man aged to hold its share of the market for U.S. makes, about 27%, vs. 60% for GM. Ford's compact Fairmont is moving well, but sales of its subcompact Pinto are down because of publicity over faulty gas tanks on earlier models, which sometimes exploded when hit from the rear. The much publicized ousting of Iacocca as Ford's president and the threatened lawsuits against Chairman Henry Ford II have...