Word: auto
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Oxford Street, which borders the Science Center on its east side and runs through the heart of Harvard's science area, could be permanently closed to auto traffic even after a repair project is finished, according to one plan floated by a Cambridge realtor...
Despite the odds, and the human costs, the whole thing just might work. Bolstered by a sizzling auto market in the U.S., the new company is raking in profits even as its executives redefine the boundaries of their businesses. At New York City's tony Le Cirque 2000 two weeks ago, Stallkamp and a chorus line of executives trotted out their achievements: more than $1.4 billion in savings, a healthy stock price of $94 and 34 new products already on the drawing boards. "Nobody's done this before," crooned Stallkamp. "But we're feeling pretty good about where...
...Chrysler had become a world leader in low-cost, high-volume auto production. Purchasing arrangements had been revamped so that suppliers took on as much as 70% of the cost and manufacturing responsibility for new cars--a success that prompted the Harvard Business Review to describe Chrysler and its suppliers as an "American keiretsu," a reference to Japan's synergistic business groups...
Most important, the merger is now producing metal. In Graz, Austria, this month, Mercedes and Chrysler vehicles began rolling off the same assembly line--in auto manufacturing, this is akin to walking on water. The Graz plant originally made the Jeep Grand Cherokee. But when the merger talks began last year, Mercedes car chief Jurgen Hubbert spotted a golden opportunity to expand production of the new M-class suv without paying the exorbitant costs of a new factory. In an odd twist, Mercedes saves more than $70 million by shipping components from its plant in Tuscaloosa, Ala., back to Europe...
...their parts. Until now we have upheld the principle that one must not pay for human organs because doing so turns the human body--and human life--into a commodity. Violating this principle, it is said, puts us on the slippery slope to establishing a market for body parts. Auto parts, yes. Body parts, no. Start by paying people for their dead parents' kidneys, and soon we will be paying people for the spare kidneys of the living...