Word: auto
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Dates: during 2000-2009
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...bewildering questions in the auto industry is how high gas prices would have to climb before Americans dump their gas guzzlers for more fuel-efficient cars. The issue comes to a head every time prices spike at the pump, whether because of turmoil in the Middle East, a lack of refinery capacity or old-fashioned opportunism in anticipation of a surge in demand. That's the scene now, with oil futures hitting record levels and gas prices averaging nearly $2 per gal. nationwide just as the summer driving season kicks off. If you just spent $75 to fill up your...
...some of those auto body shops [that line Western Avenue], you automatically relieve the street of a lot of auto traffic,” says Ron Mallis, chief planner at Goody Clancy, the urban design firm commissioned by the task force to collect the community’s wishes...
DIED. MARVIN RUNYON, 79, onetime auto-assembly worker who as Postmaster General from 1992 to 1998 pulled the U.S. Postal Service into the black; in Nashville, Tenn. Raising the stamp price only once (from 29 to 32), he cut 23,000 management jobs, hired more letter carriers and raked in $1 billion in profit. Runyon began his career in 1943 at a Ford plant in Dallas, where he climbed to the post of vice president before leaving in 1980 to become Japanese automaker Nissan's first employee in the U.S. As CEO of its American subsidiary, he built Nissan...
...Toyota the world's greatest manufacturer? In the auto industry, in which the company consistently books record profits and sets the standard for quality, Toyota's supremacy is unquestioned. Author Jeffrey Liker, however, makes a compelling case in The Toyota Way: 14 Management Principles from the World's Greatest Manufacturer that the carmaker isn't just the best in class but, "through decades of learning and hard work," trounces even companies like Dell as a model of efficient and profitable production...
PEOPLE: Billy Joel's latest auto crash; Selleck plays Ike; Madonna talks treason...