Word: motoring
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...undesirable. They did not elaborate much on this analysis, but, from the standpoint of the car companies, they do not need to. It is enough that the blue chip analysts sent by the President to evaluate the car companies have a belief system that matches the one in The Motor City. (See pictures of the remains of Detroit...
...honored tradition of pattern bargaining - in which an agreement by one of the automakers with the union sets the pattern for the others. Earlier this week the CAW gave up a special annual bonus and agreed to a reduction in paid time off in reaching a deal with General Motors. But that deal was criticized by some in the industry as insufficient. Indeed, Ford Motor Co. said Friday it will also reject the GM-CAW deal for not cutting costs enough. (See portraits of GM autoworkers...
...nine years old for new, more environmentally friendly models can expect individual rebates of $3,172 from the German government. Buyers also get a break from paying road tax for at least a year. Similar scrapping schemes have been launched in recent months in France, Italy and Spain, while motor manufacturers in Britain are pleading with their government to follow suit. (See the 50 worst cars of all time...
...That might help explain the British government's hesitation to launch an initiative of its own. Almost 90% of all cars sold in the U.K. are imported, with most of those arriving from Continental Europe. So while 61% of those polled in a survey for Britain's Society of Motor Manufacturers and Traders said they'd likely take up such an offer, a British scrapping scheme "wouldn't be a huge boost to British car factories," says Garel Rhys, president of Cardiff University's Centre for Automotive Industry Research. "In a sense it would be the British taxpayer subsidizing factories...
With little clue to the situation inside Tibet, the mood on Dharamsala's streets is muted. A handful of protesters are selling yellow-and-maroon Tibetan flags ahead of demonstrations scheduled for Tuesday. A few youngsters on motor-bikes are cruising around hoisting flags, and a lone painter is making a black-and-white sign reading "Tibet: One Struggle, One Nation" near the Namgyal monastery that forms the heart of the town. But there's none of the optimism and the energy of last year. "Last year's protests pushed the Tibet issue to the top of the international news...