Word: hmc
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Dates: during 2000-2009
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Toyota's (TM) share of the U.S. light vehicle market is 18% and Honda's (HMC) is 10%. GM's (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 U.S. car company had 54% of the U.S. market. By this time next year, GM's piece of the American car pie could drop another 50%, bringing it closer to Honda...
...domestic vehicle sales began to decrease 30% per month, as they did beginning last fall, and then the rate increased to 40% or more the last three months, there was no way that Ford could finance its losses over the next year. The news that Toyota (TM) and Honda (HMC) might seek assistance from the Japanese government meant that not a single car company in the world would get by on its own. (Read about the CEOs behind Detroit's Big Three...
...only privately held member of The Big Three, Chrysler, did better than expected. Sales were down 44% to 84,050. Honda (HMC), Toyota (TM), and Nissan all had results down about...
...endowment, valued at almost $37 billion last June, was reported to have lost over $8 billion—or roughly 22 percent—by the end of October. But other market indices posted even worse returns, with the S&P 500 falling 24.6 percent in the same period. HMC chief executive Jane L. Mendillo wrote in a statement that an analysis conducted by the firm’s management team to evaluate the size and structure of the company in light of current market conditions had concluded that “the time was right for a significant rebalancing...
While the endowment has fallen recently, so has the rest of the market. The overall performance of Harvard’s endowment is still laudable given the circumstances. In short, mismanagement cannot be blamed as the reason it fell as it did this fall, and HMC officials should be compensated at rates standard in the financial industry...