To Our Readers: Dec. 13, 1993

It was the Motown version of Yalta. For the first time ever, the heads of the Big Three auto companies agreed to sit down together for a joint magazine interview. Robert J. Eaton of Chrysler, John F. Smith Jr. of General Motors and Alex Trotman of Ford held the historic parley last week when they met with TIME's editors at the Detroit Athletic Club. Seated at a circular table, the captains of the car industry engaged in a revved-up but civil discussion about everything from the gas tax and NAFTA to government regulation. The result is part of this week's cover...

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