Word: forde
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...have to be living under a rock-or perhaps driving a Ford Pinto-to be unaware that Japanese auto manufacturers have conquered foreign markets. Toyota recently passed GM to become the world's largest carmaker, and even runner-up brands like Honda are in better shape than their struggling American counterparts. But back home, the news isn't so golden. Thanks to an aging, shrinking population and lackluster consumer spending, sales of full-size vehicles in Japan last year were the lowest since 1977. Mighty Toyota may have posted a record global profit of $18.6 billion...
...virtually all its U.S. employees' medical expenses when they retire. Faced in recent years with stagnant sales and rising health-care costs, the automakers have been ratcheting down those benefits (mainly by requiring co-pays and contributions) for retirees without union contracts. Then, in 2005, General Motors and Ford persuaded the United Auto Workers (UAW) to break open an existing contract to cut health benefits for both current and retired workers. Chrysler couldn't get a similar break because at the time it appeared healthier than its Detroit brethren; plus it belonged to a big German company whose other businesses...
...whole career. The automaker has featured him prominently in its celebrity driven advertising campaigns. Were he to end up in another make, such as Toyota - which entered the Nextel Cup Series this season but has been embarrassed by poor performance and cheating scandals from the start - or arch-nemesis Ford, it would be comparable to Babe Ruth leaving Boston for New York...
...Occupying the most tan-friendly corner of the Cabot Quad were a slew of red flags strung together to trees. What did it even mean? Lots of red flags strung together remind me of the blowout car sales at Troy Aikman Ford in Dallas. Perhaps he was relocating the dealership to Cambridge...
...Romney's training for this race started early. He was 15 when his father ran for Governor in a state in which no Republican had held the job in 14 years. Mitt worked the campaign switchboard and traveled the county-fair circuit in a Ford microvan. George put Mitt to work at the "Romney for Governor" booths, shouting over a microphone and loudspeaker system, "You should vote for my father for Governor. He's a truly great person. You've got to support him. He's going to make things better." Mitt realizes now that his dad had something...