Word: shared
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...promised to keep 16% of combined U.S.-Canada output north of Detroit, but unless its new models can win market share from Ford and Toyota, it will continue its painful slide into oblivion. Also, as GM continues to shrink at home, it can trim a proportionate amount of production in Oshawa without breaking its promise to the Canadian government. Early on July 8, GM reported a 34% decline in June sales, to 176,571 cars and light trucks, in its domestic market. Year-to-date sales have collapsed 41%, to 954,356 vehicles...
...There's no such thing as 100% protection," says Toronto analyst Dennis DesRosiers with DesRosiers Automotive Consultants, referring to GM's commitment to Canada. He notes that as Canada's total share of North American auto production has steadily declined since hitting a peak in 2000, Mexico's share has moved in the opposite direction...
...Porsche and Piech families together own about 50% of the common stock of Porsche Automobil Holding SE, which in turns owns more than half of VW stock. And the two companies have been working ever more closely together, including sharing a slew of joint operations. The Porsche Cayenne SUV and its VW equivalent, the Touareg, for example, share the same chassis and are built in the same plant. (See the most important cars of all time...
...boon of fatherhood without having to tie the knot. But that rarely happens. When children are born into a co-habiting, unmarried relationship, says Rector, "they arrive in a family in which the principals haven't resolved their most basic issues," including those of sexual fidelity and how to share responsibilities. Let a little stress enter the picture - and what is more stressful than a baby? - and things start to fall apart. The new mother starts to make wifelike demands on the man, and without the commitment of marriage, he is soon out the door. (Read an excerpt from Elizabeth...
...portable CD player a year after the first compact discs were sold, and later rolled out MiniDisc and MP3 players under the Walkman brand. (Its insistence for several years on sticking to a proprietary digital music format, ATRAC, left it far behind Apple's iPod in terms of market share.) Since its launch, Sony has released more than 300 different models across all formats; it currently makes Walkman-branded MP3 players, phones and even portable DVD players. Its newest device, the Walkman NWZ-X1000, features a 3-inch OLED screen, 32 gigabytes of memory and WiFi connectivity. But the company...