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...Motor is in much better shape than GM, in part because it is smaller by about one-third in the U.S. While GM is awash in red ink, Ford Motor overall is still profitable, thanks to trucks like the F-150 and its finance and global business, which includes Mazda, Volvo and Land Rover. (Another brand, Jaguar, is losing money.) On the cost side, the U.S. carmakers are dragged down by the huge burden of benefits for retired workers, such as health care, which account for $930 of the cost of each of GM's vehicles, $560 of Ford...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...Ford deliberately chose executives who have either come from other companies or spent time at divisions overseas, where they developed fresh perspectives. Fields, a baby-faced former sales and marketing guy with a smooth, confident touch, returned to Detroit in September after 10 years overseas, where he turned around Mazda in a difficult Japanese environment and then took on troubles at Ford in Europe, which is now profitable. "[Ford] has given me and my management team [the leeway] to turn the ship around," says Fields. "But he expects us to deliver--and told us that." Anne Stevens, who heads manufacturing...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...with all the élan of Wonder Bread. Ford's revival of the legendary Thunderbird, in 2001, flopped so badly that production was suspended last year. Geriatric wonders like the Grand Marquis and Town Car still roll out of Mercury and Lincoln plants, headed mainly for corporate fleets. Only Mazda, which Ford controls, appears to be reliably cranking out critically lauded models, from the compact Mazda 3 to the MX-5 roadster. In view of the warm reception for the CX-7, a crossover vehicle unveiled at the Detroit auto show, Mazda has another...

Author: /time Magazine | Title: Driving Toward A Snazzier Style | 1/22/2006 | See Source »

...cavernous ceilings and multiple levels allowed some of this intimate power to escape up to the rafters, rendering some songs, especially anxiously sparse songs like “The Infinite Pet,” a little less soulful than they seem from within the cab of a 1992 Mazda pickup. This was no fault of Spoon’s, and they certainly managed to convey a great deal of their enjoyment to the audience. Turning around often to smile and communicate with Eno, the band members operated as a well-oiled machine, cohesive in the way bands that lack extravagant...

Author: By Henry M. Cowles, CRIMSON STAFF WRITER | Title: Spoon Digs Into Crowd at Avalon | 11/17/2005 | See Source »

...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...

Author: /time Magazine | Title: How to Kick the Oil Habit | 10/23/2005 | See Source »

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