Word: jeep
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...they're laying on goodies to keep moving the metal. GM, which a few years ago sold virtually every Suburban at list price, has incentives on its Suburban, Yukon and Tahoe lines. Ford is offering low-rate financing on the Explorer, and DaimlerChrysler has lowered lease prices on its Jeep Grand Cherokee and is cutting production...
Most important, the merger is now producing metal. In Graz, Austria, this month, Mercedes and Chrysler vehicles began rolling off the same assembly line--in auto manufacturing, this is akin to walking on water. The Graz plant originally made the Jeep Grand Cherokee. But when the merger talks began last year, Mercedes car chief Jurgen Hubbert spotted a golden opportunity to expand production of the new M-class suv without paying the exorbitant costs of a new factory. In an odd twist, Mercedes saves more than $70 million by shipping components from its plant in Tuscaloosa, Ala., back to Europe...
...where the Sabres skate, is flanked by two gargoyle goalies splayed apart in a way that only the double-jointed Hasek can manage. Still, he was booed at the beginning of last year because he schemed to dump the team's popular coach. Last May he sat in his Jeep making calls as 1,500 fans--many of them children let out of school early--gathered a block away for a Sabres pep rally. Yet Hasek has been generous to Buffalo charities, and he took a lower salary than he could have earned in the free-agent market to stay...
ASSASSINATED. LUIS ARGANA, 66, Vice President of Paraguay; by several gunmen who sprayed his Jeep with bullets and a grenade as it rode through a street in Asuncion, the capital. Supporters of Argana, the leader of an effort to oust President Raul Cubas, blamed Cubas for the killing. Members of parliament immediately voted to begin impeachment proceedings against the President...
Everyone loved the Jeep, an instant icon with its short frame and oh-so-rugged ways. Eventually, our hearts and wallets--and behinds--warmed to beefed-up successors, like the Ford Explorer and GMC Yukon. But is the whole SUV craze getting a little out of control with the new Ford Excursion, the King Kong of SUVs at 19 ft. and 8,500 lbs.? Park it in the garage--won't happen. And this six-door nine-seater swallows gas fast enough (about 12 miles per gal.) to warm any oil sheik's heart...