Word: fell
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Dates: during 2000-2009
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...brink of bankruptcy, Toyota's executive vice president Mitsuo Kinoshita calls the sharp contraction of global sales "unprecedented." Toyota, Honda and Nissan are slashing earnings estimates, firing workers and trimming production. In November, the Japanese auto industry saw its worst month in more than three decades, as domestic sales fell 27.3% compared with the same month last year. Sales of Japanese cars in the U.S. fell more than 30% last month...
...central government, was the first to resign. He has been under intense criticism for months, the pressure mounting with each new bombing elsewhere in the country. There have been at least 10 major blasts over the past 18 months, the most recent one in Assam. Two Maharashtra state officials fell next: Chief Minister Vilasrao Deshmukh, who took his actor son Ritiesh and the Bollywood director Ram Gopal Varma on a tour of the gutted Taj, and Deputy Chief Minister R.R. Patil, who resigned after he was quoted saying, "Small things do happen in big cities. They wanted to kill...
...Overall industry sales dropped 35% in November. Ford actually beat the industry, reporting a sales drop of 30% but GM reported a 41% drop and Chrysler's fell 42%. Nissan's sales dropped 44%, Toyota fell 35% and Honda fell a similar amount. "We cannot continue to operate at these levels or the entire industry is going to go down," said Mike DiGiovanni, GM's director of market analysis, who acknowledged the steep drop in sales in October and November was devastating to the company's finances...
...Across the country, energy companies are quickly cutting their exploration efforts. On Tuesday, oil fell to $46.85 a bbl., its lowest price in 3 1/2 years, down significantly from the $140 it traded for this past July. Natural-gas prices are well off highs too. And that is causing energy executives, recently determined to drill in places long considered uneconomical, to rethink their plans. "Oil and gas companies are going to meaningfully cut their budgets next year," says Larry Nichols, chief executive of Devon Energy, one of the nation's largest exploration companies. "And that includes us." (See TIME...
...same period, the S&P 500 fell 24.6 percent. The index has fallen an additional 12.4 percent since then...