September 16, 1990 |
The atmospherics are hard to ignore. Both the symbolic and real effects of the Persian Gulf crisis have helped create a climate that seems eerily similar to the high winds of 1979-1981, when an oil crisis triggered the U.S. auto industry's incredible shrinking act. The world's standoff with Iraq is threatening auto sales by hastening prospects for a recession. Gasoline prices are climbing back toward the oil-shock peaks.
January 14, 1991 |
Chrysler Corp. today named Robert A. Lutz president in a reorganization setting up a structure for specific vehicle development. The move could be a sign that Lutz, 58, who worked for General Motors Corp., Ford Motor Co. and BMW before joining Chrysler in 1986, is being groomed to succeed Chrysler Chairman Lee A. Iacocca. Another executive seen as having a shot at succeeding Iacocca is Vice Chairman Robert S. Miller. His duties were unchanged.
July 19, 1989 |
A payless payday looms this week for the Detroit Symphony Orchestra, whose officials say they will be unable to pay regular biweekly salaries to 155 employees because of worsening financial problems. Symphony Chairman Robert S. Miller says there is "no way" the orchestra will be able to come up with the $200,000 needed to give 97 musicians and 58 other staff members their full checks Thursday.
April 4, 2008 |
NEW YORK -- Robert S. Miller, who founded Disney-owned Hyperion Books 17 years ago, is leaving that company to run HarperCollins' new Internet-driven publishing division, HarperCollins announced Thursday. He will begin his job next week at the London Book Fair. The new "publishing studio" division, which has yet to be named, will combine traditional trade book publishing techniques with Internet-based strategies to market and publicize about 25 moderately priced books per year.
November 11, 1988
Chrysler Corp. has established a new office of the chairman in a move that its 64-year-old Chairman Lee A. Iacocca said was partly intended to pave the way for a successor. Iacocca and a new vice chairman, Gerald Greenwald, formerly Chrysler Motors chairman, will make up the new two-man office at the No. 3 auto maker, the company said. Chrysler Motors President Bennett Bidwell will succeed Greenwald as Chrysler Motors' chairman.
September 20, 2000 |
Federal-Mogul Corp. said Chief Executive Richard Snell resigned, as the world's No. 1 maker of engine seals and bearings became the latest auto-parts supplier to say third-quarter earnings will miss forecasts. Meanwhile, Johnson Controls Inc., the world's No. 2 maker of vehicle seats and interiors, bucked the industry trend with an announcement that profit will probably exceed analyst estimates in the fourth quarter.