Word: pickup
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Dates: during 2000-2009
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...next door. A white family moved in, and one day Kennedy saw his new neighbors watering their lawn. "They'd be out there with a hot tub out on the porch," he says, "and I was still going down the road [to the local water treatment plant] with a pickup truck every day." Like many Zanesville area residents, he couldn't drill a well because the surrounding coal mines have contaminated the water, rendering it undrinkable. The mines have been closed for years, but the ground is so full of sulfur that residents say the water runs red. In Coal...
...Toyota, which is No. 2 in vehicle sales after General Motors Corp., plans to suspend temporarily its production of Tundra pickup trucks and the Sequoia sport utility vehicle, starting August 8. Suburban cowboys are dumping their trucks and SUVs in the face of higher gas prices, and Toyota is not immune. "They're facing the same structural problems as everybody else," said David Cole, chairman of the Center For Automotive Research in Ann Arbor. The names Tundra and Sequoia just scream "more...
...Toyota, which sank nearly $2 billion in the Tundra project, has the capacity to build 400,000 pickup trucks but will probably sell only 150,000. "The vehicles have not done as well as they expected," said Alan Baum, an analyst with The Planning Edge in Birmingham. But trucks now sit on dealer lots for 64 days before they sell. "That's almost unheard of for Toyota," said Tom Libby, an analyst with J.D. Power & Associates. "They could have cut the price but they decided not to," he added...
...best sellers. The company said it will build hybrid Priuses at a plant now under construction in Blue Springs, Miss. The Blue Springs plant is scheduled to open in 2010. The Highlander crossovers that were supposed to be made in Mississippi will be made in Indiana instead, and all pickup trucks will be made exclusively in Texas, according to Toyota...
...also insists it's moving to trim costs and adjust to the new reality created by $4-per-gal. gasoline, including selling its Hummer brand. GM has also suspended design and engineering work on its next generation of pickup trucks and sport-utility vehicles as it waits to see how the market will shake out. LaNeve said in a recent interview with TIME that capital spending was a key reason the Hummer had to go. With the market shifting away from trucks, GM felt it did not have enough resources to support four distinct truck brands, and the Hummer...