GM plans huge stock offering
Article Abstract:
An offering of 69.5 million shares of common stock was announced by General Motors Corp. The shares would raise as much as $2.9 billion in cash to finance model development and would be the largest offering in US history.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
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Chrysler hires Iacocca successor
Article Abstract:
Chrysler Corp has hired Robert J. Eaton as the successor to Chmn Lee A. Iacocca. Iacocca, who has been chairman since 1979, plans to retire at the end of 1992 but remain on the executive committee.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
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Ford to launch cleaner-running cars
Article Abstract:
Ford Motor has modified its Ford Escorts and Mercury Tracers so that they will be able to meet the strict pollution-control standards that will be implemented in California in 1997.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
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