Word: esteses
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To meet the public's and the Government's demand for cars that are less thirsty as well as less polluting, Detroit has no choice except to accelerate its pace of change. Says General Motors President Elliott ("Pete") Estes: "We have made tremendous progress over the last four...
The overall cost of auto regulation is breathtaking. Economist Colin Loxley of Wharton Econometrics estimates that GM, Ford and Chrysler will spend about $18 billion between 1979 and 1985 to reach the various pollution, mileage and safety goals set by the Government. Most of this inflationary cost, of course, will...
The automakers brought much of their troubles on themselves by their earlier stonewalling of all regulations, many of which are judged basically desirable by society. The manufacturers' typical rejoinder to any new standard was "Technologically it cannot be done," or "It can be accomplished on a limited basis, but...
The Estes Boys--Jonathan Swift's
The Estes Boys--Jonathan Swift's