Word: honda
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Dates: during 2000-2009
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...That meant that if you were a small independent, you would have to merge--or face the Darwinian consequences. So Daimler coupled with Chrysler, Renault bought Nissan, Ford scooped up Volvo, and everybody mused that it was just a matter of time before the biggies gobbled up BMW and Honda, and maybe even Porsche. Yet here we are in 2001, and among the most successful players in the auto industry are...BMW, Honda and Porsche...
...market niches and still provide high-quality, sexy cars that people aspire to own? Mike Flynn, an auto expert at the University of Michigan, observes that new technology is only one of the elements--including styling and reliability--that make a car attractive. "Companies like BMW and Honda," he says, "offer products that keep them successful." So does Porsche, where sales are soaring 16% so far this year. It produces a mere 48,815 cars a year--but at an enviable 11.9% profit margin...
...From 1988 to 1994, Harvard hired a third party, Beal Properties, to purchase Allston land as it became available, acquiring 52 acres in 14 parcels scattered throughout the area around HBS for $88 million, and became the unknown landlord of a Star Market, a Honda Dealership, a Conrail warehouse, and row of auto repair shops on Windom Street...
Taylor is the first Harvard athlete ever to win a Honda award, and by doing so, she is now eligible to win the Broderick Cup, given to the collegiate woman athlete of the year...
...Honda Awards ceremony will be held on June 11 in Salt Lake City, where the Broderick Cup winner will also be announced...