Word: pickups
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According to the Harvard Computer Services website, students who need to connect more than one computer to a jack can pickup mini-hubs at the Student Help Desk located in the basement of the Science Center. The hubs are free for the school year...
Sadly, while Ford hit the jackpot in the '90s, earning $40 billion, the windfall wasn't always managed well or spent wisely. Ford elected to keep plowing money into pickup trucks and SUV lines, surrendering the heart of the car market to the Japanese and the Koreans. Today the company that invented the Model T relies on platforms developed by Mazda and Volvo, in-house foreign brands, for its new cars. In an interview with TIME, Mulally said that before he joined Ford, his perception of the company "was one of innovation." But Ford's innovative years seem as faded...
...blame all of Ford's woes on mishaps in Dearborn. Soaring gas prices are killing two of Ford's strongest segments: pickup trucks and SUVs. And like GM, Ford pays crippling "legacy" costs for retiree benefits. David Cole, head of the Center for Automotive Research, estimates that Ford's disadvantage against foreign automakers amounts to an average of $2,500 a vehicle--money that could otherwise go into features like armrests in base models, keeping Ford competitive. "When you're constrained by that level of difference," he says, "it compromises your ability to do things...
...error occurred while processing this directive] Maputo's Sunset Boulevard, the Avenida de Marginal, was serving up sax and prawns long before an AK-47 made it onto the Mozambican flag - but to get there you had to cling to the back of a pickup truck with another 40 wide-eyed souls. Today, you can travel in style, in a chauffeur-driven, mint-green-and-chrome '50s-style car. The Havana Transport Company is typical of the city's fast-growing entrepreneurialism - it's owned by a South African who has emigrated to Mozambique. For $50 an hour, Jaime Sumbane...
...these are desperate times in Dearborn. Since 2001, Ford Motor has suffered more than $9 billion in losses from its North American auto operations. Companywide, Ford lost $254 million in the second quarter. Ford's market share in August, 16.8%, was the second lowest on record. Sales of pickup trucks and SUVs, Ford's only major profitable segments, have plummeted in the last year, hit by high gas prices and stiff competition from GM and Toyota. A 21% production cut is in store for the rest of the year. Any way you slice it, Ford is shrinking fast...