Word: toyotas
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After a 41-year apprenticeship at Toyota Motor, Katsuaki Watanabe became its president in June. Best known for a cost-cutting initiative that squeezed suppliers and saved nearly $10 billion over five years, Watanabe, 63, takes charge at a time when Toyota (2004 sales: 7.5 million vehicles) is on track to eclipse General Motors as the world's largest carmaker. He spoke to TIME's WILLIAM GREEN and MICHIKO TOYAMA at his company's headquarters in Toyota City, Japan...
...government incentives are not as developed, but consumers are starting to demonstrate a new awareness of environmental issues. Consider the popularity of the Toyota Prius and other hybrid cars. And design advances are winning converts: see-through solar panels installed in place of regular window glass are a classy upgrade from black rooftop arrays...
...government incentives are not as developed, but consumers are starting to demonstrate a new awareness of environmental issues. Consider the popularity of the Toyota Prius and other hybrid cars. And design advances are winning converts: see-through solar panels installed in place of regular window glass are a classy upgrade from black rooftop arrays...
...pocket rocket, the 263-h.p. Eclipse GT, jump-start sales at Japan's most troubled automaker? The car hit dealerships this summer, lofted by strong reviews, and it leads a blitz of all-new models coming over the next two years. Unlike the profit machines Honda, Nissan and Toyota, Mitsubishi has been in automaker hell. The firm's corporate parent lost $4.4 billion in the past fiscal year, battered by a lingering scandal over vehicle defects, and U.S. sales plummeted one-third this year amid questions about whether Mitsubishi would vacate North America. That seems less likely now, especially...
...most famous cases as a corporate lawyer, Roberts represented Toyota and won a major victory for Big Business against the Americans with Disabilities Act, when the Supreme Court ruled that an assembly-line worker with carpal tunnel syndrome wasn't covered by the antidiscrimination law. Still, as a judge, Roberts has come down on the side of workers, ruling in favor of an employee who accused Washington's transit authority of having fired him because he suffers from bipolar disorder. He upheld the district court ruling because he said the transit authority received federal funds and thus was obliged...