Word: billion-plus
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...buyers have always added features, a major profit driver for automakers and customizing shops that garners an estimated $26 billion-plus in sales each year. Gary Cowger, president of GM North America, says the trend toward personalization is evident in sales of the Hummer H2, a favorite of affluent baby boomers. Sales of accessories like running boards, brush guards and roof racks are "much better than we expected," he says...
...commercial ambitions of Kamen and his team are as advanced as their technical virtuosity. By stealing a slice of the $300 billion-plus transportation industry, Doerr predicts, the Segway Co. will be the fastest outfit in history to reach $1 billion in sales. To get there, the firm has erected a 77,000-sq.-ft. factory a few miles from its Manchester, N.H., headquarters that will be capable of churning out 40,000 Segways a month by the end of next year...
...commercial ambitions of Kamen and his team are as advanced as their technical virtuosity. By stealing a slice of the $300 billion-plus transportation industry, Doerr predicts, the Segway Co. will be the fastest outfit in history to reach $1 billion in sales. To get there, the firm has erected a 77,000-sq.-ft. factory a few miles from its Manchester, N.H., headquarters that will be capable of churning out 40,000 Segways a month by the end of next year...
...According to the American Lung Association, Americans consume 420 billion cigarettes per year, or 21 billion packs. Which means that between the states, the feds and the trial lawyers, smokers are coughing up $30 billion a year to The Man. (Keep in mind these numbers are after John McCain?s $400 billion-plus-$1.50-a-pack-tax settlement bill failed in 1998, and pending the settlement of a Clinton-launched $20 billion heath-care-recoup suit that the Bush DOJ is cool on pursuing...
...Europeans are playing hardball with GE, frustrating CEO Jack Welch's $40 billion-plus Honeywell merger. European Commission regulators fear that the union would give the new entity undue market power. GE, they argue, could bundle its jet engines and Honeywell's avionics, hurting Rolls Royce and other engine suppliers...