Word: gm
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Dates: during 2000-2009
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...Where am I - because your car, in this country, is you. It expresses your aspirations, your taste, your social class and your virility (or your need to compensate for same). I learned this growing up near Detroit, where people lived for their cars - American cars! - and lived by the GM slogan, "It's not just your car, it's your freedom." And it's not just your freedom. It's your soul...
...spiraling new car registrations in Europe lifted Ford's sales in the region by almost one-third. With cumulative losses of $6.4 billion for 2001 and 2002 disappearing in the rearview mirror, the firm's earnings trumped crosstown rival General Motors' for the first time in three years. While GM beat expectations with profits of $1.28 billion in the first quarter, poor results in the U.S. and Europe dented strong earnings in Asia . Still, it could be worse; Mitsubishi Motors is facing an empty tank. Germany 's DaimlerChrysler won't rule out dumping its 37% stake in the Japanese firm...
...clients. The largest U.S. companies will typically spend more than $4.6 million each to comply with just one section of the law, according to Financial Executives International. And large companies complain that the get-tough accounting regimen is draining resources. Paul Schmidt, controller for General Motors, says GM's audit committee meets "six to seven times face to face and four to five times by teleconference" annually. The "bigger drain," says Schmidt, is that GM's chairman and CFO are spending more time on accounting and certification issues, "instead of on strategy...
...game last week and punch that member of the winning team in the side of the head. Then slam Moore's face into the ice until his neck broke and the blood pooled. Bertuzzi was rearing back for another shot when other players intervened. Some fans at Vancouver's GM Place called the police to have them arrest Bertuzzi--and this is his home stadium...
Sage, the new COO of Tata Technologies, the automotive-software division of India's largest conglomerate, is no stranger to the world stage. During his two-decade career at IBM, he not only helped design a Mercedes plant in Alabama but also merged GM's information technology with its South Korean partner, Daewoo Motors. At Tata, Sage plans to cash in on outsourcing; a group of Tata engineers is already writing code for GM and Chrysler. A carpenter's grandson, Sage, 51, leaves behind more than IBM as he departs for India; he now has to sell the log cabin...