Word: toyotas
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...took over the city from the U.S. military the following week, jeered at the suspect but at least in the presence of the Reuters photographer did not beat him. 4) Two brigadier generals from Karbala's provincial police were in charge of the scene. 5) The weapon: a Toyota Mark sedan (costs $6,000 when new). Likely target: the nearby Imam Hussein Shrine, one of Shi'ite Islam's holiest sites...
...Competitors aren't willing to cede that kind of market share without a fight. Carlos Ghosn, head of Renault-Nissan, recently announced that his company was looking at building a $3,000 car in India. Fiat, General Motors, Honda, Hyundai, Maruti Udyog (the Indian division of Japanese manufacturer Suzuki), Toyota and Volkswagen are also working on low-cost cars, though none of them have promised anything quite as cheap...
...billion per year and retired hourly workers account for three quarters of the annual bill, which also represents a substantial piece of GM's labor costs of $73.26 per hour. The cost is $25 to $30 per hour more than the labor costs of Asian rivals such as Toyota and Honda that have plants in the U.S. The creation of the VEBA could eliminate as much as one half to two-thirds of the gap virtually overnight...
...will probably follow. Chrysler, which became a privately held company in August and has far fewer retirees, has so far balked. "It's not our issue," says a Chrysler official. The companies can use the freed-up cash to spend on developing and selling better cars to take on Toyota, which this year surpassed GM in sales. But that's in the long run. In the short run, funding the trust could put carmakers in a tighter cash squeeze unless they raise the money by floating stock or issuing debt. "It's not the best time...
Although car manufacturers such as Mercedes-Benz and Toyota have built plants in the American South, appliance makers are increasingly moving production to Mexico and elsewhere. But Carl is banking on the premium his brand can command to provide some cover. "We want an American-made product, and I am 110% committed to keeping Viking manufacturing in Greenwood," he says. "This town is special to me. We grew up here; our family is here. Staying here is a way for us to have fun, make money and help the community along...