Word: toyotas
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...least initially, would be huge. The whole industry would not be able to build cars in the U.S., because of the lack of parts. "Unlike the airlines or steel, when you look at the automobile industry and the fact that the whole supplier base is connected - to Ford, Chrysler, Toyota - it will have a ripple effect on the entire industry," says Nicole Y. Lamb-Hale, a bankruptcy expert at the Detroit office of Foley & Lardner, a law firm that represents some GM suppliers...
...tests account for faster driving, acceleration and deceleration and air-conditioning use - in other words, the way most real people drive. As a result fuel-economy ratings have dropped about 12% for city driving and about 8% for highway driving. When the new tests kicked in, a 2006 Toyota Prius, for instance, went from having a 55 m.p.g. combined efficiency rating to 46 m.p.g. - overnight...
...sport's "raison d'être, based principally on competition and technological development." If it happens, Ferrari and other big teams say they would consider abandoning Formula One. Perhaps, as has been suggested in the past, a few big teams might even set up rival races. "Why would Toyota want to use somebody else's engine? Why would Ferrari? Or Honda? Or BMW?," asks Jackie Stewart, a three-time world champion and former team boss. "The whole reason they're in the sport is not only to be able to win on Sunday and sell on Monday - it's also...
...credits for scrapping old cars - moves designed to encourage consumers to purchase new vehicles. And it's not just Detroit that's hurting. "We would be in favor of some kind of action if it was across the board," says Irv Miller, vice president of public relations for Toyota Motor Co., which saw its sales drop 26% last month in spite of ongoing zero-interest financing deals...
...Toyota Motor Co., despite its financing deals and a heavy advertising schedule, reported that sales of its SUVs dropped 32% and sales of its pickup trucks fell 42%. Even sales of the ubiquitous Toyota Camry took a hit. "Right now the market is quite challenged," says Robert Carter, Toyota's vice president of sales, noting that even lower gasoline prices have failed to excite consumers...