Word: motorizer
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...sidewalk issue is dicier. In order to ensure that Segways are permitted to move alongside pedestrians, Kamen's regulatory-affairs mavens will have to keep the machine from being classified either as a motor vehicle or as a scooter. At the federal level, the deal is done--though, for a while, the Occupational Safety and Health Administration wanted to classify the Segway as a "powered industrial truck." Technically, final sidewalk authority rests with state and local governments. Kamen is betting, however, that the decision will be made not by lawmakers but "de facto, by what becomes standard practice...
Fears of terrorism caused a sharp drop in attendance and cancellation of the opening ceremonies at the annual Tokyo Motor Show earlier this month, but the new roadsters and concept cars from Toyota, Honda, Nissan and their competitors were as daring and imaginative as ever. New consumer cars, including the retro Nissan 350Z--priced at less than $30,000--and the latest Mazda RX-8 model, will be in showrooms next year. But crowd-pleaser concepts like the Honda Bulldog (above)--equipped with two electric fold-up scooters--and the Toyota POD, which detects sweaty palms and tailgating and turns...
...programmed to explode if it went below 50 m.p.h. Now buses on real-life autopilot are coming to Las Vegas. A camera mounted on the dashboard of the electric-powered Civis reads stripes painted on the road. If a bus strays even slightly from the markings, a motor on the steering wheel nudges the bus back in line. Human drivers, who control the brakes and accelerator, play only a bit part in this action flick...
William Clay (Bill) Ford Jr. agonized over whether to fire Jacques Nasser. But when he decided two weeks ago that the CEO of the family-controlled Ford Motor Co. had to go, he moved fast. Ford called Carl Reichardt, a longtime director and former head of Wells Fargo Bank, and asked him if he would be vice chairman. To his surprise, the 70-year-old Reichardt, whose financial acumen Ford sorely needs, called back two days later and agreed. So last Monday, Ford ushered Nasser into his wood-paneled corner office and took away the keys. "We were just getting...
Thus Bill Ford becomes the first family member to be CEO since his uncle Henry Ford II relinquished the post in 1979. Although not paralyzed, Ford Motor is in great need of an overhaul, and the question reverberating from Dearborn to Wall Street is whether that can be accomplished by the man whose family owns 40% of the voting shares. The knock is that Bill Ford has neither the experience nor the mettle to make the tough decisions--on everything from plant closings to new-car programs--required to pull Ford Motor out of the ditch. Ford's much broader...