Word: detroits
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...Toyota's top-selling luxury model - bad enough - but the Prius is its darling, a car that demonstrated the company's ability to solve technical issues that kept other automakers from fielding gas-electric hybrids, at the same time clinching Toyota's green cred. Only last month at the Detroit Auto Show, executives described the Prius as the cornerstone of Toyota's future growth. Toyota planned to sell a million hybrids a year globally, most of them in North America...
...timing is terrible. In recent months, Toyota City - which boasts Detroit as a sister city - has shared some of the pain felt by its American counterpart. The region is still suffering from what locals call the Toyota shock. After the Lehman bankruptcy, when the worst of the financial crisis bit and the U.S. car market collapsed, Toyota reduced production and shed temporary workers, sending a damaging ripple through the region. The scars are clearly visible on the town's streets, riddled with closed shops and restaurants. Ryuichi Watanabe, an agent at the local branch of the Able property brokerage, says...
...tightly sealed as well. Those approached on the streets, their Toyota company IDs clearly visible, politely bow their heads and say they are unable to comment. Only one young employee, who wouldn't give his name, mutters, "We're not sure what is going to happen." (See pictures of Detroit's decline...
OSAMA BIN LADEN, purportedly speaking on a recently released audio tape, praising Umar Farouk Abdulmutallab for his attempt to blow up a Detroit-bound aircraft on Christmas Day. The tape also threatened future attacks against...
After the Christmas Day incident over Detroit, the decision to interrogate Abdulmutallab not as an enemy combatant but as a civilian - he was read his Miranda rights - was made by Attorney General Eric Holder. After weeks of political sniping, the Department of Justice on Wednesday released a sharply worded letter from Holder to Senate Minority Leader Mitch McConnell defending the decisions made in Detroit, saying that they were "fully consistent" with policies and practices of the department, the FBI and the government as a whole. Taking full responsibility for the decision to hold and indict Abdulmutallab in the federal court...