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...Detroit loses money on passenger cars. (Trucks have always been profitable.) The problem was a long time coming, as Japanese and later Korean automakers scored annual gains in quality, profitability and market share. But U.S. automakers were lulled into complacency in the 1990s by the supersize profits of their SUVs (light trucks, technically), which just a decade ago earned profit margins as high as 25%. Ford was an innovator with its Explorer model and just kept making them bigger. Meanwhile, the Japanese started making good SUVs too, and the competition made the profit margins shrink. When the price...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...Ford pushed two projects that have since become important signs of where the company is heading: he rebuilt the Rouge plant, which now has a roof of green grass, skylights and a program that turns polluting paint fumes into hydrogen fuel cells, and produced the Escape Hybrid, the first SUV hybrid to hit the market...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...overreliance on big vehicles is partly a result of bad luck. GM execs have admitted they never anticipated gas prices rising as fast as they did during the hurricane season, when a gallon of gas cost more than $3 in some regions. Yet GM relied for years on its SUV sales for profits--and underinvested in cars--which seemed smart until the bottom fell out. Says Meyers: "They made a mistake to go with the big guys." Goldman Sachs cites GM's launch of models like the 2007 Chevy Suburban as a "key negative" in Wagoner's turnaround plan, with...

Author: /time Magazine | Title: How GM Can Fix Itself | 11/27/2005 | See Source »

...college football experience while you’re at HLS.” For those who still haven’t found transportation, options include renting a car or taking the train or a Greyhound bus to New Haven. As of yesterday, a two-day rental of an SUV from Enterprise Rent-a-Car for a round trip to New Haven cost approximately $285, including gas. On Amtrak’s website yesterday, prices for a round-trip ticket from South Station to New Haven averaged $90-$116. That’s more expensive than the bus?...

Author: By Brittney L. Moraski, CONTRIBUTING WRITER | Title: Many Roads To New Haven | 11/17/2005 | See Source »

...early morning hours. Bennett is alleged to have picked up a 26-year-old Brighton woman at the intersection of Congress and Milk Streets by offering her a ride to the Back Bay area. The woman got into what was described as a “black SUV,” in which Bennett allegedly drove her to the area of One Alewife Center and sexually assaulted her. After Bennett allegedly left her in the parking lot, the woman contacted a friend for a ride, went to a local hospital for treatment, and contacted the Cambridge Police Department...

Author: By Matthew S. Blumenthal, CRIMSON STAFF WRITER | Title: Alleged Rapist Held on $2M Bail | 10/27/2005 | See Source »

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