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...that when Nissan's suitors looked under the hood, they became even less interested in this clunker, with its $22 billion in debt and a lineup of flashless cars. The word around the car industry is that the $49 billion company ought to be left to wither. Says James Harbour, a doyen of automobile analysts: "A merger with Nissan is absolutely the worst idea I've ever heard...

Author: /time Magazine | Title: Nissan Calls For A Tow | 3/1/1999 | See Source »

...declined from 35% in the early 1990s to 31.1% in 1997. A 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...

Author: /time Magazine | Title: The Trouble With GM | 7/27/1998 | See Source »

Deer Isle and Mt. Desert Island are Maine's twolargest islands. While Mt. Desert Island has beendiscovered by eager tourists, Deer Isle hasremained relatively isolated from tourist traffic.Still, Bar Harbour--the "19th-century resortturned 20th-century tourist town" located on Mt.Desert's eastern shore--is a source of immenseentertainment and deserves to be explored,especially the restaurants. One can't leavewithout a plate of fiery red lobster or bowl ofthick chowder. Bar Harbor can be unduly expensive,so it's best to seek shelter on the quieter westside, known as Southwest Harbor. The AcadiaNational Park offers easy as well...

Author: NO WRITER ATTRIBUTED | Title: New England Towns Provide Quiet Alternative | 3/10/1998 | See Source »

...from Miami International Airport, which boasts annual sales of $450 per sq. ft., almost twice the U.S. average. Two Palm Beach, Fla., women recently made headlines by choppering in for a binge. Now plans are being drawn up for a "Shopper Chopper" to ferry patrons from Miami and Bal Harbour. Nearly half the 19 million people who showed up at Sawgrass last year were foreigners: a Saudi princess arrived with two limos trailed by rental trucks to transport the day's haul...

Author: /time Magazine | Title: THE MALL, THE MERRIER | 11/24/1997 | See Source »

Before Her Majesty starts acting on this idea, we should earnestly advise her to pause and think. Maybe if she exercised each morning at the Chelsea Harbour Club, Her Majesty would rate higher in the popularity polls--but I somehow doubt it. Maybe if the Queen came on telly to say how difficult she had found married life with Prince Philip, she would win many admirers, but again, I rather doubt it. Maybe if she had an affair with an army captain, and then a rugby footballer, and then the son of an Arab shopkeeper, and if she spent...

Author: /time Magazine | Title: THE HEART OF THE GRIEVING | 9/15/1997 | See Source »

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