Word: hybridization
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...Best Buy's hybrid nature--half flexible, half 9 to 5--is stirring conflict too. Ressler and Thompson get desperate e-mails from a handful of ROWE employees--accustomed to freedom--who have moved to jobs in departments that still operate on traditional schedules. "We could have a counseling clinic up all day long," Thompson says. "They feel alone." On the other side, Denise LaMere, a Best Buy corporate strategist, has struggled to figure out how to prove herself in the new environment. "It made me very nervous," LaMere says. Without children, she once had an advantage--she could always...
...shift in consumer sentiment away from the gas guzzlers. High profit margins on SUVs are critical to GM's bottom line. But just 34% of shoppers are now considering an SUV, a three-year low, according to a recent survey by Kelley Blue Book. Sales of fuel-saving hybrids, meanwhile, are expected to zoom from less than 1% of the market to 3.5% by 2012. Honda and Toyota sell the most hybrids, but GM plans to muscle in with hybrid versions of full-size SUVs like the Chevy Tahoe in 2007. With oil prices at record highs, GM dealers...
...FARE DEAL New York City's cabdrivers can be gruff, but their vehicles, at least, will soon be enviro-friendly: the city's new Clean Air Taxis Act will allow thousands of cabbies to start switching to hybrid models this summer...
...GREEN FLEETS In Charlotte, N.C., a Sierra Club campaign helped persuade the municipal government to begin a transition to fuel-efficient hybrid cars for its police force and city-planning department
...Olympics. Immelt also intends to capitalize on coal-gasification technology purchased last year from Chevron, allowing GE to sell coal-fired power plants that spew fewer greenhouse gases. (GE is in discussions with coal-rich China on various "clean coal" initiatives too). Other eco-ventures include a hybrid locomotive, due in 2007, fuel cells, solar panels, energy-efficient water desalination systems--and, of course, a greener lightbulb. All told, Immelt wants company operations to be a giant showroom for his high-tech green products. "There's this mumbo jumbo that you can't do this and be competitive," he says...