Word: auto
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...climate plan to reduce greenhouse gas emissions. Big business is on board - on Nov. 30 the leaders of 150 top firms released a petition calling on governments to establish mandatory caps on carbon emissions. Washington is finally awakening from its slumber, with Congress hammering out the first increase in auto fuel economy standards since 1984, and with the first real piece of climate-change legislation - a bill sponsored by Senators John Warner and Joseph Lieberman - ready for a vote in the Senate...
...film Roger & Me, Michael Moore made General Motors CEO Roger Smith famous by unsuccessfully hounding him to account for plant closings and layoffs, part of the old-line leader's attempts to revitalize the auto giant during an era defined by a growing threat from Japanese cars. Smith was hailed by loyalists as a modernizer, but his massive downsizing and other efforts, including launching the Saturn division, failed in the end, and GM, which in the early '80s dominated the U.S. market at 46%, held just 35% by 1990. Smith...
...liberalize the press and restore the reputation of a judiciary whose independence had been repeatedly questioned during the latter part of Mahathir's 22-year rule. To underscore Malaysia's commitment to economic efficiency, Abdullah initially scaled back several of Mahathir's prestige megaprojects, including a money-losing national auto company and a massive dam in Borneo. The son of a moderate Muslim cleric also brought a measure of spiritual authority to the ruling coalition, which had been fighting the rise of an Islamic-based political party that attracted Malay votes even as it alienated non-Malays. "The important thing...
Halberstam was killed in April 2007 in an auto accident in Menlo Park...
That's a very traditional way for a company to think about reaching overseas. But even the auto industry isn't immune from the evolution of globalization. These days, it's not uncommon to source auto parts for a particular car from around the world: cast iron from India, seat fabric from Tunisia. The competition continues to deepen...