Word: motorizer
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That approach doesn't endorse, for example, the generic philanthropy embraced by many corporations--well intentioned though it may be. Advocates of strategic responsibility argue that Ford Motor Co.'s support for the Susan G. Komen breast-cancer fund, for which it has raised $84 million over 11 years, doesn't make much business sense. "There isn't a real clear link, at least in my mind," says Kellie McElhaney, a business professor at the University of California, Berkeley, "between breast cancer and automobiles." After missing out on the early hybrid-car opportunity, which was seized by Toyota and Honda...
...third in Alabama ramping up production. Honda is spending $123 million to replace the paint shop at the Marysville, Ohio, plant and another $89 million to expand its nearby parts-distribution center. The East Liberty plant recently launched the stylish new Honda Civic, which last week was named Motor Trend's Car of the Year for 2006. "When I think about Honda's success in Ohio," says John Adams, executive vice president of Honda of America Manufacturing Inc., "I think about the power and the passion of our people...
...Ford Mustang Although it reached the mellow age of 30, the Ford Mustang is still sporting thoroughbred credentials. Ford has rejuvenated the aging pony car with a complete overhaul, which includes a cockpit-type interior and a more powerful engine. The Mustang has already driven off with Motor Trend's Car of the Year award...
...Standard & Poor's. The findings aren't reassuring. According to S&P, Sara Lee Corp. of Chicago, a global maker of food products, ended 2004 with a pension deficit of $1.5 billion. The company's pension plans held enough assets to cover 69.8% of promised retirement pay. Ford Motor Co.'s deficit came in at $12.3 billion. It could write retirement checks for 83% of money owed. ExxonMobil Corp. was down $11.5 billion, with enough money to issue retirement checks covering 61% of promised benefits. Exxon had extracted $1.6 billion from its pension plans in 1986 because they were deemed...
...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...