Word: fords
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Dates: during 1990-1999
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...buoyant North American economy cushioned the pain of losing share--the company earned $6.7 billion last year--but has masked the severity of the company's strategic woes. Last week a report issued in Detroit by Harbour & Associates, an automotive-consulting group, showed that GM lagged behind its rivals Ford and Chrysler in productivity and profitability. For example, GM takes an estimated 5.46 worker-hours to stamp out such components as fenders, doors and hoods. Ford and Chrysler take 3.42 and 2.96, respectively...
...travel planning? That's the crux of the conflict at the heart of this new economy: which services will survive and which will fail, who will invent new ideas (and reap new millions) and who will close up shop, as useless today as buggy-whip manufacturers became when Henry Ford built the Model...
...quaint Traverse City, Mich. For the first time in more than two decades, you'll be able to buy a slice of freshly made cherry pie at the fest, which runs all next week along the breathtaking Grand Traverse Bay of Lake Michigan. Not since Gerald and Betty Ford decided to stop by in 1975 has a development created such a stir at the gathering...
...judge these issues without knowing the basics of who and where a company's most important customers, suppliers and competitors are. Yet I find that many investors don't have a clue. One guy might have Ford on his stock-shopping list because he likes his Explorer and sees his local dealer moving lots of iron. Then he sees Ford stock pull back hugely on Monday, and his mouth waters. But did he consider that Ford's business plan could be derailed by a weakened yen, which amounts to a giant coupon for discounts on Japanese cars...
...mostly white, often rural victims quiet enough, that those questions are just starting to be asked. "The current culture is 'Keep going, keep moving and do it all.' That would be the initial draw, I think," says Nancy Waite-O'Brien, Ph.D., director of psychological services at the Betty Ford Center in Rancho Mirage, Calif. Add to this the wannabe-supermodel factor. "Women," observes Waite-O'Brien, "get into meth because they think it will manage weight. Which I suppose it sometimes does--at first...