Word: motorizing
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...Jaguar Cars, one of Britain's most iconic - and troubled - automotive brands was on the block. The Ford Motor Co. and General Motors Corp., Detroit's two biggest heavyweight players in the industry, both wanted what resembled a dented, but potentially valuable, possession. Ford won the ensuing bidding war, paying $2.5 billion for the coveted car brand. Accelerate ahead 11 years to 2000, and Ford again had its checkbook out, paying $2.7 billion for Land Rover, another luxury British carmaker that had run into some rough road. It also invested many billions more trying to turn both companies around, mainly...
...recovery. I’m sure of it.I worked the blinkers like a pro, knew all the different speed settings of the windshield wipers, could make a mean three-point turn, and had even conquered the dreaded parallel-park maneuver. But apparently, the State of New York Department of Motor Vehicles just wasn’t impressed.Permit in hand and Driver’s Ed certificate by my side, I made my first driver’s test appointment in White Plains.“White Plains?! They don’t pass anyone.” I ignored...
...Macleod, 62, for trespassing. 7:22 p.m.—An individual in Lamont Library refused to have their backpack checked at the door. Officers spoke with the individual and calmed the situation. March 15 12:57 a.m.—Officers noticed two individuals behaving strangely near a motor scooter at the corner of Harvard St. and Prescott St. The officers sent the individuals on his or her way. March 16 12:16 a.m.—Officers observed two individuals in a verbal argument at Pforzheimer House. One of the individuals claimed he wanted an entry fee returned...
...weak dollar dumps cold water on some of Japan's largest corporations and exporters, since a higher yen value makes exports from the likes of Sony and Sharp to Toyota and Honda less competitive. On Thursday, Toyota Motor Corp. president Katsuaki Watanabe said that his company will need to maintain profit growth, since it forecast record profit for this fiscal year when the dollar was about 113 yen. For every yen the dollar drops, Toyota's operating profit falls...
Emerging from the driver's seat of a new Nissan GT-R at the Tokyo Motor Show last fall, CEO Carlos Ghosn flashed a wry grin and a custom-made Louis Vuitton suit. Ghosn's sharp look--a departure from his usual boardroom standard issue--suggested a calculated step up for Japan's No. 3 automaker. The GT-R--part luxury vehicle, part sports car--is Nissan's bid to compete head on with Ferrari and Porsche. For a company that has built its brand on the 3.6 million reliable midrange vehicles it produces every year, that is no small...