Word: gm
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Dates: during 2000-2009
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...quarter of all U.S. trade with Canada comes across this four-lane bridge--6,000 trucks a day, one every 12 to 15 seconds, laden with lumber, steel, semiconductors, machinery, furniture, chemicals, produce, livestock and Canadian-made auto components for 41 GM, Ford and Chrysler assembly lines within a day's drive of Detroit. The task of policing the traffic is complicated by the area's large Middle Eastern population. Some customs officials say privately that if Ahmed Ressam--the al-Qaeda explosives courier arrested in Port Angeles, Wash., in 1999--had crossed the border at Windsor-Detroit, he would...
...mechanical steering column. Instead, drivers rotate a small handgrip to accelerate and squeeze it to brake. "The basic premise is providing consumers with a design they can get passionate about, rather than asking them to compromise their lifestyles," says Christopher Borroni-Bird, director of "design and technology fusion" at GM...
...shouldn't jump down their throats the minute they see any backsliding. Wootliff says he was exasperated to watch so many environmental groups take special aim at Ford Motor, arguably Detroit's most environmentally friendly carmaker, during the latest fight in Congress over fuel-efficiency standards (in which Ford, GM and Chrysler all fought to preserve the status quo). "For goodness' sake, stop alienating your supporters," he warns. "Going after Ford will mean fewer, not more, CEOs will turn around and say protecting the environment is the right thing...
GOLDSTEIN: You can do all the kinds of things that all these companies are doing, especially at the auto plants, in order to bring down costs. But there is a limit, and that is one reason the GM plant in Linden, New Jersey, will close in 2005, because it can't bring costs down more. They shut down, refitted, brought back half the workers; half were permanently laid off. That refitted plant is now sunsetted for 2005. That is just one plant. But you could go across the board. There clearly is a ceiling on sustained productivity growth...
...airline, although Chinese partners must still hold a majority. China Eastern is already 35% foreign-owned. INDICATORS Designer-Label Food The E.U. Parliament passed requirements to label foods with over .5% genetically modified content. The bill, which requires member-state approval, was denounced by the U.S., where Europe's GM rules already block $300 million in annual exports. Over 1 Billion Served The billionth personal computer was shipped last week, according to Gartner Group and Intel. Although it took over 25 years to reach this milestone, the next billion should sell in just six years, with high demand in China...