Word: detroit
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Meanwhile, GM is playing catch-up in the hot market for hybrids because it has been losing sales to Toyota and Honda. The Japanese companies began developing hybrids in the '90s, when Detroit scoffed at the technology as economically unviable. "GM's reasoning with hybrids was, Why bother when trucks are selling?" says Matheson. Toyota put hybrids on the market even when the company knew they wouldn't make money right away. "Detroit doesn't think that way," Matheson says. Both GM and Ford are coming to market with their first hybrid models, while Toyota and Honda are already selling...
...overseas firms seem to thrive, building profitable cars with U.S. workers, while Detroit languishes? For example, in the first quarter of 2005, Nissan made $1,603 on every vehicle sold in North America, while GM lost $2,311, according to Harbour Consulting. For starters, the transplants, generally with reputations for higher quality than American brands, don't offer the deep discounts that U.S. makers employ. And foreign manufacturers don't carry the legacy costs that drag U.S. companies down. Workers at foreign companies' nonunion shops make roughly the same in wages and benefits as unionized employees in Detroit. But Asian...
...French for allowing extreme inequality to fester for so long, we should pay attention to what TIME said: if those problems aren't addressed, "the rage and resentment inflaming the streets will surely continue to smolder." That is true not only of France but also of certain parts of Detroit, Chicago, New Orleans, Los Angeles and any number of other U.S. cities. We will be forced to confront the same inequalities. It's a question of when...
...doubt, 50 gives people what they want, in both his high-energy songs and his fantasy-world music videos. It was only a matter of time before he followed his mentor, Eminem—who starred in the 2002 film “8 Mile” as a Detroit battle rapper—to Hollywood.“Get Rich Or Die Tryin’” tells the story of a drug-dealer named Marcus (50 Cent) who decides to pursue hip hop after being shot nine times. There are parallels between 50’s life...
...comes down to professionalism, as square as that may sound. There remains an undercurrent of sentiment that women have no place in a room with naked men, and that it violates the privacy of the players. Former Detroit Tigers pitcher Jack Morris famously said of female reporters, “The only time I want to talk to a woman when I’m naked is if I’m on top of her or she’s on top of me.” Even if you make it past the locker room door, there?...