Word: toyotas
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...management depth and persistence. Two years ago, the company floundered when its attempt to get big--the 1994 takeover of Britain's Rover--went awry. That cost the company $3.9 billion and prompted a flurry of talk that BMW would be bought by Ford or GM or Toyota. But since Milberg emerged as chairman in 1999, the company has stayed ahead of the luxury pack. Although most of its 21 factories are in Europe, BMW built a new plant in Spartanburg, S.C., which now exports the company's popular X5 SUV to 100 countries. Aiming to develop technologies such...
Border-patrol agent Nate Lagasse is sitting quietly in his Toyota Land Cruiser about three miles west of a small Arizona town on the Mexican border, following a group of 12 immigrants through his night-vision goggles. He radios directions to three colleagues, who are out in the mesquite on foot and closing in on the aliens. "They don't even know we are here yet," whispers Lagasse, who has turned off his headlights and allowed his truck to roll to a halt without hitting the brakes. "It's just like hunting...
...Bian, a diminutive that traces to his boyhood in Hsi-chuang, a village 40 minutes from Tainan, Taiwan's fourth-largest city. Renowned for its water chestnuts and mangoes, Hsi-chuang is still a rural community, despite being part of a township with a main road bristling with Toyota dealerships and Nikkomarts. The citizens make their living from the soil, and everyone knows the business of Mrs. Chang down the street, for example, and her son Li who just bought a new Nissan Cefiro. They speak Mandarin with a Taiwanese accent so thick that mainlanders can't follow a word...
...sipping communities. Much of Big Business is ahead of the Administration. Automakers may lack the single-mindedness that regulation may bring, but they have been making ever more economical cars. Ford and GM are dueling it out over whose emissions are lower and whose suvs will get more mileage. Toyota and Honda are spending billions on hybrid engine cars, while companies like GE and Whirlpool are developing more efficient low-BTU mousetraps, like dishwashers that can be programmed to click on in the middle of the night. A few bones thrown its way, and business would surely do more...
...company's latest report, released last week, confirmed that position. Last month the automaker announced it would join with environmental groups (and Toyota and Honda) in a call for consumer tax credits to help subsidize sales of high-mileage hybrid-fuel vehicles, which are still costly to produce. In any case, Ford will begin selling a hybrid-fuel version of its small SUV, the Escape, in 2003. Not to be outdone, General Motors says it will have its fleet of zero-emissions buses on the roads soon. "Two years ago, people couldn't wait to distance themselves from what...