Word: toyotas
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...domestic base, is a behemoth. Its assets ($372 billion) surpass those of Citicorp ($204 billion) and Merrill Lynch ($55 billion) combined. Nomura's 1987 profits ($2 billion) were almost four times those of American Express. And as Japan converts manufacturing muscle into financial might, the securities giant has passed Toyota (1987 earnings: $1.7 billion) to become the country's most profitable company. No wonder Nomura sparks respect in its competitors, inspires hard work and ambition among its 12,000 employees, and commands the loyalty of its 5 million customers...
...scenario was all too familiar. As U.S. Navy Captain William E. Nordeen, 51, a military attache at the American embassy in Athens, was setting out for work in his bulletproof Ford Granada last week, the morning calm was shattered by an explosion. A bomb planted in a Toyota sedan parked near Nordeen's home had been detonated by remote control as he drove by. The blast hurled Nordeen's car across the street; the captain's decapitated body was found more than 100 ft. away in the yard of an abandoned house...
...will be turning out 600 Probes a day by September. All the cars that can be produced through next October have already been sold to dealers. The product seems to be attracting young buyers who have previously leaned toward such imports as the Honda Prelude ($13,640) or the Toyota Celica ($11,548). Ford and Mazda are so confident of the Probe's quality and appeal that they plan to export 6,000 of the cars to Japan this year...
Ford will need a fleet of attractive cars to hold its own against the flood of rival models coming into the market. U.S. plants owned by Japanese companies, including Nissan, Honda and Toyota, are expected to produce 2.2 million cars annually by 1992, up from 618,000 in 1987. That will surely cut into the sales of the U.S. Big Three, which produced 15 million vehicles last year. Detroit fears the new competition because the Japanese plants, which generally employ nonunion labor, have been able to keep operating costs 15% to 20% below those of the Big Three. "We have...
With the nationals won, Thomas packed up her 1984 Toyota and drove from Denver to Boulder, where practice ice has been made available. She is supposed to be on a sabbatical from Stanford but could not resist several courses last semester at the University of Colorado. "I'm used to a suicidal load, calculus, chemistry and stuff -- I whale on it. I took German here just for fun, and I've had a blast." Of course, her study of German is not entirely ! idle. "I want to speak a little of it to Katarina. She's all right, I like...