Word: cts
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...There was no place left to park the blame. The company backhandedly singled out a U.S. Partsmaker - CTS Corp., of Elkhart, Ind. - as the supplier of defective pedals while exonerating a Japanese company, Denso, that makes the same part. But CTS CEO Vinod M. Khilnani wasn't about to take the fall. He says his company met Toyota's engineering specifications and notes that the recalls tied to unintended acceleration extend to vehicles built as long ago as 2002. "CTS didn't become a Toyota supplier until 2005," he says...
...leasing is still a viable alternative. It's not as popular as it was among manufacturers, whose bad arithmetic cost them a fortune a few years back. But if you can find a leasable model you like - GMAC Financial Services and GM are offering packages for the 2009 Cadillac CTS, several new Chevrolet models and the 2010 Buick Enclave and LaCrosse - the numbers might work if you drive fewer than 15,000 miles a year, want to keep a warrantied vehicle for only a few years and don't have lots of cash (say, 20%) for a decent down payment...
...rival to eliminate competition. In this case, the merger will stop Live Nation's recently launched ticketing company from cutting in on Ticketmaster's turf. Live Nation dumped its ticketing contract with Ticketmaster in January after signing a 10-year contract to license ticketing software from Europe's CTS Eventim to run its own ticketing business. The move took a toll on Ticketmaster, which saw its profits dive 78% in the first quarter, partly due to the lost Live Nation business...
...would challenge their legality in court. But Proposition 8, which ended gay marriage in the state, passed while the Attorney-General's office happens to be occupied by Jerry Brown, the celebrity activist, former two-term governor and mayor of Oakland, a man for whom political second a cts are second-nature. Early on, Brown had indicated he would fulfill his duties as A.G. and use the powers of his office to defend Prop 8. Indeed, Brown had sided with opponents of gay marriage earlier this year when the state Supreme Court ruled on whether a previous ballot initiative banning...
...Japanese firms Honda and Toyota as they are to collapse. In the past couple of years, Detroit has closed the quality gap. Its cars are competitive on engines and drivetrains and fits and finishes. Some top-class products score well with car rater J.D. Power, such as the Cadillac CTS and Ford's new F-150. "What exposes us to failure now is not our product lineup or business plan or our long-term strategy," GM's Wagoner told Congress. "What exposes us to failure now is the global financial crisis...