Word: reasonable
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...That's probably the reason I couldn't touch it for over 20 years, and my own wife, who knows me well, only managed to read up to page 80 and cannot continue. It's so hard for her to take what I have gone through ... it's something which deeply touched my existence...
...General Motors, closed their assembly lines for much of May and June, which reduces their revenue substantially. Chrysler started up this week but will close again next week for summer changeovers. Both GM and Chrysler have built their recovery plans on very low sales estimates, which is the principal reason they have closed so many factories and discarded so many employees as they restructure. GM just announced plans to shed another 4,000 salaried employees by October, at which point it expects to have trimmed $12 billion in costs. GM also cut its advertising spending in half this year, which...
...reason GM Mexico has remained profitable while mounting losses have pushed the parent company's U.S., Canadian and European operations to the brink of disaster boils down to the lower cost of doing business in Mexico. GM and other automakers, including Ford and Chrysler, have managed to keep the cost of production south of the California and Texas borders at Third World levels, owing largely to Mexico's weak unions...
...Most of that increased output will end up in the U.S., but GM Canada may ultimately pay the highest price for the shift in production. The reason is that, going forward, slashing output in Oshawa - its main production facility, located east of Toronto - comes at a much lower political price than doing the same in the U.S., where the U.S. Treasury and United Auto Workers control nearly...
...going cheap on planes used for "poor" routes makes little sense, other experts say. "If you've established maintenance and safety operations for your fleet, it's going to be applied uniformly throughout," says Anthony Council, spokesman for the Geneva-based International Air Transport Association. "The reason, as we've seen in this case, is simple: should any of your planes have a serious incident, your entire operation falls under suspicion." (Read: "How to Survive a Plane Crash...