Word: benz
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Dates: during 2000-2009
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...increase of 1.6 million vehicles since 2002. The transplants alone are adding enough capacity for an additional 1 million vehicles. Hyundai is building a plant in Montgomery, Ala.--the first Korean auto-assembly factory in the U.S.--to make Sonata sedans and Santa Fe SUVs. Mercedes-Benz (owned by DaimlerChrysler, based in Stuttgart, Germany) is doubling capacity at its SUV facility in Tuscaloosa, Ala. And BMW recently expanded its plant in Spartanburg, S.C., where lines run overtime to produce Z4 roadsters and X5 SUVs. Detroit's automakers are by no means sitting still, as we'll see, but the additional...
...Chrysler, some analysts say it has little chance of becoming a low-cost producer any time soon. A handful of its new vehicles--the Pacifica wagon and Crossfire sports car--incorporate the prized engineering of its corporate sibling, Mercedes-Benz. By 2005, Chrysler will start using a Mitsubishi small-car platform. (DaimlerChrysler owns a controlling stake in Mitsubishi.) But Chrysler's annual run of 2.5 million vehicles comes from 15 plants and incorporates 11 platforms--an inefficient scheme...
...Michael DiFranza, 41, CEO of Captivate Network. Captivate has installed 4,200 flat-screen video monitors in about 400 office buildings in the U.S. and Canada. The screens flash news headlines, weather reports and stock-market updates--and along the bottom, ads from such firms as American Airlines, Mercedes-Benz and UBS Warburg. "We're getting people's attention at a moment in the day when conventional media can't get to them," says DiFranza...
CONVICTED. CLARA HARRIS, 45, Texas dentist; of murder, by repeatedly running over her adulterous husband David with her Mercedes-Benz, as her stepdaughter sat beside her in the car; in Houston. Harris, who contended the death was accidental and that she was simply trying to ram the vehicle of her husband's lover, was sentenced to 20 years in prison...
...electioneering. Maybe. But German firms are alleged to have illicit business interests in the country, too. More than 80 German companies, plus research laboratories and individuals, are listed in Iraq's weapons report to the U.N., German daily Die Tageszeitung reported. For almost 30 years, companies such as Daimler-Benz, Siemens and Carl Zeiss allegedly supplied equipment, raw materials and technical know-how which could have been used for Saddam Hussein's nuclear, biological and chemical weapons programs. Although the paper also named companies from the U.S., France, the U.K., China and Russia, German firms made up more than half...