Word: honda
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Dates: during 2000-2009
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Meanwhile, GM is playing catch-up in the hot market for hybrids because it has been losing sales to Toyota and Honda. The Japanese companies began developing hybrids in the '90s, when Detroit scoffed at the technology as economically unviable. "GM's reasoning with hybrids was, Why bother when trucks are selling?" says Matheson. Toyota put hybrids on the market even when the company knew they wouldn't make money right away. "Detroit doesn't think that way," Matheson says. Both GM and Ford are coming to market with their first hybrid models, while Toyota and Honda are already selling...
While line workers at the nine GM plants scheduled to shut down ponder their uncertain future, the mood at Honda's two assembly plants in Ohio is full of hope. The Japanese company is in expansion mode in the U.S., with the Ohio plants and a third in Alabama ramping up production. Honda is spending $123 million to replace the paint shop at the Marysville, Ohio, plant and another $89 million to expand its nearby parts-distribution center. The East Liberty plant recently launched the stylish new Honda Civic, which last week was named Motor Trend...
...spokes. The spokes in turn are supported by an aluminum center. Because the Tweel is airless, it is more rugged than a pneumatic tire and never goes flat. The Tweel has been tested on the IBOT robotic wheelchair and military vehicles. But you won't see it on your Honda anytime soon. Michelin says it is still too noisy for automotive applications. Next Product: Clean machine...
...When the cars pull up to me, the Porsches and the Bentleys and all that, I just sort of say, 'Well, that's nice, but for what this costs I could buy 10 of those.'" JON SPALLINO, Californian construction executive and the driver of a Honda FCX, an electric car powered by hydrogen-fuel cells. He is leasing the experimental vehicle, worth $1 million, from Honda for $500 a month...
...anyone harbored any doubts that hybrid cars are hot, last week the 2005 Tokyo Motor Show put them to rest. Carmakers practically ran over one another promoting their versions in attempts to catch up with Honda and Toyota, the technology's pioneers. Companies such as Mercedes-Benz, BMW, Mazda, Mitsubishi, GM, Volkswagen and Porsche showed new models or talked about plans to sell them by the end of the decade at the latest. On display were not only regular hybrids, the kind powered by gasoline engines mated to electric motors, but also variations adding hydrogen...