Word: auto
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Dates: during 2000-2009
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...dollar for the first time in two and a half years, ending the week worth $1.013. The dollar's fall is good news for U.S. exporters, but a sustained slump could spell trouble for export-dependent nations like Japan and Germany. Baby You Can Buy My Car n Auto prices may be rolling downhill after the European Commission changed car-sale rules to increase competition. Dealers will soon be allowed to sell multiple brands and open showrooms across the E.U., where prices now can vary up to 50% for the same model. Silver Lining Fortunately, the London Stock Exchange hasn...
Zero-percent auto financing has returned, as Detroit seeks to boost sagging sales. The free-money deals from Ford and General Motors on select 2002 models are a boon for consumers, saving them thousands of dollars in interest. Unfortunately, not all consumers can participate. To qualify for free or even cheap financing, you need a credit history that's close to pristine...
GOLDSTEIN: You can do all the kinds of things that all these companies are doing, especially at the auto plants, in order to bring down costs. But there is a limit, and that is one reason the GM plant in Linden, New Jersey, will close in 2005, because it can't bring costs down more. They shut down, refitted, brought back half the workers; half were permanently laid off. That refitted plant is now sunsetted for 2005. That is just one plant. But you could go across the board. There clearly is a ceiling on sustained productivity growth...
...last inch. I don't know why they are so much more frightening in my dreams: possibly some cellular residue of caveman days. The West in many ways is a remnant of that imagination, as witnessed by the sadness of such titles as the Grizzly Drive-In, the Grizzly Auto Ranch, the University of Montana Grizzlies, Lady Griz volleyball...
...other sizable risks, like beach erosion and floods. State Farm, which insures more than 21% of the nation's homes, has announced a moratorium on new policies in 20 states and imposed caps on the coverage it will provide in half a dozen more. Following the lead of auto insurers, which have determined that customers with good credit file fewer claims, more home insurers are checking your credit score. Customers with high scores (anything above 680 is considered good) benefit with lower rates. And insurers are checking the claims history of your house. They want to know that any problems...