Word: motoring
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...leaf badges on the doors and a pair of subtle vents (to aid the battery's thermal-management system) on the back windows. And there aren't many changes inside--two new gauges on the dash and a fun little display that shows when power transfers between the electric motor and the gasoline engine. A novel feature: a 110-volt socket up front--thanks to the supercharged nickel-metal-hydride battery pack tucked under the cargo area--into which, Ford rep Corey Holter says, I can plug "a laptop, a cell phone or a blender"--a cool feature for those...
...your typical tin-box green machines. Automakers are delivering what seemed unthinkable just a few years ago--midsize cars and SUVs with the horsepower, performance and size that Americans expect, plus improved fuel economy. Hybrid cars are propelled by a combination of a gas engine and an electric motor--a complicated technology that still draws blank stares, even though hybrids have been on the market for nearly five years. The latest versions, however, might be summed up by Ford's motto for its first hybrid SUV, an Escape, due in August: "No Compromise" (see review...
...plan to cut annual costs by $4 billion, or 25% of American's pre-9/11 operating costs. But with pay cuts of up to 23% and morale at an all-time low, he also brought in corporate therapist Overland Resource Group, which has helped giants like Ford Motor Co. and its unions rethink old habits. Overland told the unions and management that they should see each other not as warring parties but as businesses that need each other to survive. Overland set up a structure, called Joint Leadership Teams, to make sure the old "silos" (management in one silo...
Even longtime veterans got into the act. In a corner of the huge maintenance complex in Tulsa, Ralph Dwain Garrison and Jack (Robin) Hood schemed to save drill bits costing as much as $200 each that were routinely being tossed after a few uses. Garrison took the motor from his son's science project and slapped on a vacuum-cleaner belt to create "Thumpin' Ralph"--a machine to sharpen old drill bits for reuse. Savings? Over $300,000. "The old mind-set--unions vs. management--it's still there for about 10% of the people," says machinist Jim Messick...
...INDICATORS Asian Strategy Stalls Germany 's DaimlerChrysler announced it would sell its 10.5% stake in South Korea 's Hyundai Motor Co., just a month after DaimlerChrysler refused to bailout Japan 's Mitsubishi Motors, in which it holds a 37% stake...