Word: toyotas
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Ford, Chrysler, Nissan, Honda and Hyundai, which with GM and Toyota account for more than 90% of the new cars sold in the U.S., each reported sales declines of more than 25%. Mercedes-Benz saw its sales drop 35%, while BMW fell 14%. Only Audi posted an increase in sales last month...
...never understand IBM completely. It's got hundreds of thousands of employees. All you've got to do with cotton is figure out if there's too much or too little. That is not easy to do, but it is a lot simpler than understanding IBM or Toyota...
...Indeed, automobiles have become Turkey's single most important industry, overtaking the traditional No. 1, textiles. Along with Renault, three other foreign giants - Fiat, Honda and Toyota - all have significant production facilities in the country. About 80% of output is exported, mainly to Europe, which until recently meant booming business. But as the specter of recession comes to haunt Germany, France and the rest of the Continent, automotive sales have been badly hit. In Turkey, that has resulted in a drop in production since June, after five years of continuous growth. "Foreign orders are drying up and there's nothing...
...With a good half a dozen new imports this fall alone, American TV is becoming a diversified global marketplace. But with every Toyota and Lexus, this season shows, you're going to get a few Yugos...
Even more admirable is his attempt to get Hollywood to believe that the hybrid Toyota Prius was as hot as a Ferrari. Explains Bochner: "We just tried to position the Prius as the new sexy thing. It wasn't easy - making driving a smaller, more economic car hip was a task. So I'd just ask my friends, 'Do you love your children?' That was the linchpin in convincing them. I told them, 'The decision is yours, but the nation is watching what you want...