Word: auto
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Dates: during 2000-2009
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...willingness to communicate didn't stop with his opening up to press, analysts and investors clamoring for information. Against his father's advice, he also negotiated the implementation of France's 35-hour workweek with unions and employees. Between working, driving his five daughters to school and following auto racing, Edouard takes the time to explain how the 1999 restructuring plan and shift in sales strategy allowed Michelin to survive a globally grim 2001 and report earnings of ?314 million on sales of ?15.77 billion. Such collective efforts to remain profitable and attentive to quality are what inspired the share...
...Kimberly Johnson, an organizer with the United Auto Workers (UAW) who has been coordinating graduate students’ efforts at Harvard, says financial concerns are just one of many reasons why graduate students might choose to unionize...
Last spring, when Daimler Chrysler offered early retirement to thousands of older autoworkers, it got more than it bargained for. So many people accepted the deal that the company faced a potential shortage of critical skills at its plants and had to withdraw some offers. With half the auto industry's work force eligible to retire in the next five years, Ford and GM took Chrysler's lead and scaled back their early-retirement programs...
...Cleaned-out inventories and perked-up production are just what economists are looking for out of a recovery, and a strong auto sector can do plenty for jobs, incidental consumption and the broader economy - hence all the good feeling among investors. But car buyers had better come through - and keep buying those high-margin trucks, SUVs and minivans no matter what gas prices do this summer - or else Detroit and Wall Street both stand to lose a pretty...
...auto industry wants to take another crack at it. A hybrid version of the Honda Civic, the best-selling compact car in America, started rolling into dealerships nationwide last week. Next year Ford, which has produced a string of electric cars, is expected to be the first U.S. manufacturer to introduce a hybrid vehicle. I took the politically correct version of the six-cylinder Escape for an exclusive spin earlier this month. Meanwhile, Toyota, General Motors and Chrysler have all promised a new crop of hybrid vehicles by 2004. J.D. Power & Associates, which tracks consumer tastes for the auto industry...