Word: delphi
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...Europe, BMW built a new plant in Spartanburg, S.C., which now exports the company's popular X5 SUV to 100 countries. Aiming to develop technologies such as alternative-fuel engines and drive-by-wire (an electronic, joystick-controlled steering system), Milberg forged partnerships with Robert Bosch and Delphi Automotive. Karl Ludwigsen, an auto analyst in London, contends that a carmaker need not be huge to survive. Rather, he says, "you've got to be big in the segments in which you compete, and you've got to be competitive in those segments globally...
...Johnson) or works of modern art (Thomson electronics). Some have in-house banks, cafeterias, spic-and-span bathrooms and, increasingly, on-site training in new technologies unfamiliar to illiterate peasants from Oaxaca. Jaime Garcia, 31, an engineer from Torreon, heads an all-Mexican team of 16 young designers at Delphi Automotive Systems' Technical Center, working on steering-column prototypes for U.S. cars due out in 2004. From his wide-windowed floor, Garcia has a panoramic view of both cities. He admits that the border isn't Silicon Valley. "But we can see that kind of future from here," he insists...
...people do a better job of combining them into a clear vision. He calls that vision the Hypercar, and last year he spun off Hypercars, Inc., from RMI to advise the industry on how to make one. "Lovins' imagination is boundless," says Donald Runkle, executive vice president of Delphi Automotive Systems. He warns, though, that Lovins "tends to discount the cost factor." Composites, for example, are now much more expensive than steel. Lovins argues that when built in volume, Hypercars will cost about the same as today's cars...
...start nibbling soon--but not before the next Fed hike. Stock pickers should look for banks and thrifts in growth regions like the South and West and with diverse income streams. Tom Theurkauf, analyst at Keefe Bruyette Woods, likes Washington Mutual and Fleet Boston. Scott Black, president of Delphi Management, likes North Fork and Peoples Heritage. Among larger banks, Chase and Bank of New York look attractive. But beware banks with operating difficulties, like First Union and Banc One. They won't rise with the tide. Bank...
...easily won reputation as America On Hold after the service opened itself up to unlimited usage. You might argue that Case was in a no-lose situation, riding the biggest boom in the history of booms. But the hollow shells of other consumer online services--eWorld, Delphi, GEnie--are a reminder that this business is as lethal as they come...