Word: auto
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...economy would not withstand the collapse of the auto industry, but perhaps carmakers should look to their friends in the oil industry for assistance. ExxonMobil and others reported record profits - with our money - supplying fuel for all the gas-guzzlers Detroit built. Why should U.S. citizens pay again? William Stamm, Rosendale...
...existed since 1989. NAFTA, which was launched January 1, 1994 and finally saw the last of its policies implemented on January 1, 2008, stipulates the removal of most tariffs and restrictions on trade between the three nations and codifies a wide range of agreements on agricultural, textile and auto trade, as well as telecommunications, intellectual property, mobility of workers and environmental policies. (Read about TIME's Person of the Year...
...well as a new apartment in a nicer neighborhood where they can feel secure to walk their dog. But right now, everything is up in the air: Gong fears there is a 10% chance of his losing his job because his company, which supplies windows to the globalized auto industry, is suffering in the worldwide recession. "If the economy picks up next year, the first thing I'll do is to buy a new car," says a determined Gong. "It's absolutely necessary and within our capacity. But now we are just waiting for the right time...
...caught a pass with no Lions defender in sight, then scampered across the field for another 23 yards while cowardly Lions tried like a bunch of sorry Pop Warner players to tackle him. If that's not humiliating enough, how about the fact that the Motor City's floundering auto industry is actually performing better than the Lions right...
...conserve cash, Chrysler also was forced to close permanently a factory in Newark, Del. where it was building its only hybrid vehicle, and it has dropped plans for an alliance with Chery, an expanding Chinese auto company, after months of laborious negotiations...