Word: compacter
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...full-size Tundra pickup there and--if all goes as planned--finally conquer the U.S. truck market. Achieving that feat would mark a milestone for Toyota in its quest to become the great American car company and would follow its conquest of virtually every other market segment, from compact cars to luxury SUVs (by way of Lexus). Indeed, the Tundra was considered so important that Toyota's entire executive design-approval committee, more than 30 members, flew to the U.S. to sign off on the final design...
Indeed, for all Toyota's strengths, the company needs a truck hit in the U.S. to offset weaker prospects in other areas. While Toyota is expanding rapidly in Europe and China, those sales tend to be concentrated in the compact-car segment, in which profit margins are low. In Japan, where Toyota intends to launch its Lexus brand in August, the company may have a hard time expanding market share, already at 44%. The dollar's slump against the yen, meanwhile, makes Japanese exports more expensive...
...appear to be rising quite as fast as in many other places in the world. That may sound odd, but the simple expansion of water as it warms is complicated by local wind and current patterns. Beyond that, changes in the height of land masses as soils compact or tectonic plates slip and slide can offset--or magnify--sea-level changes...
...Daewoo, under CEO Nick Reilly, is now being resurrected as a low-cost manufacturing base for GM's own brands and for those of its Japanese partner Suzuki. In the U.S., Daewoo makes the compact Chevrolet Aveo and Suzuki Forenza, and it also exports to China, India, Latin America and Europe. In 2004, the company produced 900,000 cars?three times the output when GM took over?and this year, Reilly expects sales to top 1 million. Daewoo's work force has increased by 4,000 in the last two years...
...that could play only about one-fifth of the Fifth Symphony and cracked if you even looked at them too hard. (But now that we have thrown away all the 78s, do we really have to throw away all the LPs and invest in digital laser-beam compact superrecords...