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...wasn't fully a Toyota decision: Toyota's partner in the plant, General Motors, elected to pull out last June, leaving the plant unprofitable, Toyota says. "After the decision by General Motors to withdraw from the NUMMI joint venture, Toyota conducted a thorough review of its alternatives in light of current and anticipated market conditions," says TMC executive vice president Atsushi Niimi. "Based on this review, we have determined that over the mid-to-long term, it just would not be economically viable to continue the production contract with NUMMI." (See the most exciting cars...
With the new General Motors Corp. expressing second thoughts about selling Opel to Canadian partsmaker Magna International Inc. - or anyone else, for that matter - a flip side to GM's indecision has emerged. Why would Magna want Opel when acquisition of the bankrupt European carmaker could jeopardize billions of dollars in business with existing customers - and possibly lead to its ruin...
...Inspector General's report released Monday there are references to the considerable doubt inside the CIA about interrogating prisoners of war. Although CIA management apparently never raised those doubts with its political bosses, the rank and file understood how little they themselves knew about interrogation. Few had ever conducted an interrogation, let alone an interrogation employing physical coercion. They also worried about the legal guidance coming out of the Department of Justice. (Read Five Revelations from the CIA Report...
...year reign of Japan's Liberal Democratic Party is expected to come to an end on Sunday in the country's first general election in four years. The main opposition party, the Democratic Party of Japan (DPJ), has little experience leading on a national level, but there are strong indications that voters will overwhelmingly support the party and its ambitious platform of reforming Japan's broken system...
...electorate is already showing a level of political interest higher than in previous general elections. More than three million people have cast early ballots, up more than 50% from the 2005 general election. And voter turnout, for 104 million eligible voters, could reach 70% - the highest rate for a general election since 1990. (See pictures of Japan in 1989 and Japan...