Word: auto
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...Although Honda launched the Insight, which had gas mileage superior to its main competitor, the Toyota Prius, the latter vehicle seized the public imagination, thanks to better drivability and better marketing. "In North America, Honda got caught with its pants down on hybrids," says Eric Noble, head of the auto-consulting company the CarLab. "They've been badly eclipsed by Toyota on looking green...
...auto world that has changed for Honda, not the other way around, and the company is poised to reap the benefits. Anyhow, Fukui believes that environmentally aware engineering is the only choice. "If we take a blind eye and neglect [the environment], eventually society will not let us exist," he says. "We have to solve these problems on our own." And if the solution can effortlessly take a curve at 100 m.p.h., that won't hurt a bit either...
...Thormann, then head of Renault's investor-relations department, coaxed the French automaker's top finance officer, Carlos Ghosn, into making a presentation to analysts at a big Frankfurt auto show. "It went very well," recalls Thormann, 52. Indeed. The American exec moved back to the U.S. in July to become senior vice president of administration and finance for Nissan North America, which is run by a committee of five. But if Ghosn has a question about Nissan's U.S. ops, which posted $40 billion in sales last year, he calls Thormann first. Wonder why. Hilary Schneider...
Those findings--and aggressive lobbying by auto-safety advocates--have helped push 45 states to adopt some form of graduated driver licensing, or GDL, which lengthens the waiting period before teens can obtain a full "go anywhere, anytime" driver's license. Slowing down the process has slowed down the accident rate. Per-capita crashes have fallen 23% among 16-year-old drivers in California since its strict GDL law was enacted in 1998, the Insurance Institute for Highway Safety (IIHS) reported in August. The state's late-night crashes were down 27%, and crashes with teen passengers were down...
...states introduced measures to rein in teens' nighttime driving privileges, and only one--Nevada--passed such a law. "A lot of adults think, I used to drive at night with my friends, so what's the harm?" says Judith Lee Stone, president of the nonpartisan Advocates for Highway and Auto Safety in Washington. "It's hard to change people's thinking unless there's a crash involving someone they know. Then people get it immediately." This year six states--Arizona, Florida, Iowa, Michigan, Ohio and Kentucky--have considered new or additional nighttime restrictions, but only Kentucky's bill passed, propelled...