Word: germane
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Dates: during 1960-1969
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...magazine, vowed: "The battle has just begun." At the very least, Italian businessmen have seen an impressive sign of small-investor muscle. Other European industrialists cannot write off the incident as a show of Italian emotionalism. On the same day as the Montedison revolt, a determined band of West German shareholders did battle with the directors of the NSU auto manufacturing firm. As a result, they won the promise of a higher price per share for agreeing to merge their firm with a subsidiary of Volkswagen...
...year production span of Henry Ford's Model T-the Tin Lizzie that old Henry kept on too long, until it nearly carried him to ruin. Demand for the beetle remains strong, but VW fears getting stuck with a museum piece. Its solution: to become a German General Motors, offering a wide variety of models for different tastes and budgets...
...world's fourth biggest automaker (after the U.S. Big Three) rose 25%, to nearly $3 billion-and they are running 12% above that rate so far this year. The company's profits advanced 21% last year, to $85 million. Still, VW faces special perils. Revaluation of the German mark (see Money, page 90) could cut into exports by raising prices in foreign countries, where the company does more than three-quarters of its business. VW is also being tail-gated by hustling Japanese automakers. Last year, Japanese competition in Australia forced VW to close down assembly lines that...
Died. Franz von Papen, 89, German diplomat and politician who loomed large in Hitler's rise to power; of a virus infection; in Oberasbach, West Germany. Germans called him "the sly old fox of politics." He was actually a chronic blunderer who had the aristocratic connections and great good luck to survive his gaffes. As a World War I military attaché in the U.S., his fumbling attempts at espionage and sabotage led to his expulsion. As a postwar politician, his machinations finally gained him the chancellorship in 1932, whereupon he brought Hitler into the government-and swiftly found...
Only in one brief sketch does the movie suggest the bitter suite of insights that might have been. An ex-infantryman walks the Bastogne town square, explaining to a girl friend the Allied side of the Battle of the Bulge. As he stomps along, he passes a German ex-soldier who volubly outlines the battle to his wife. Booming away, the men pass like bateaux mouches gliding over an ancient shipwreck...