Word: truck
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Unlike its Japanese rivals, GM saw its sales decline begin way back at the beginning of the year, when its truck-heavy product lineup began to sag in the face of higher gasoline prices. So for the first 11 months of 2008, GM's sales have fallen 21.9%. While that is comparable to Ford and Chrysler (down 20.6% and 27.7% respectively), it's far worse than Asian competitors. Toyota is down 13.4% this year, Honda has declined just 5.4%, and Nissan has shrunk by 9.1%. They will be far better positioned to rebound once the market recovers...
Even if sales do rebound, GM's opportunities for significant profits will be sharply reduced. It has shuttered several truck and SUV plants and will be switching production to small cars, where GM has traditionally had trouble making money...
Mobile Menu. Feed your pumpkin-pie sugar high at the Dessert Truck, parked in New York City's Midtown. The truck's famous bread pudding and dark chocolate mousse bombe are cooked up by former Le Cirque pastry sous chef Jerome Chang. It's high-end food at street-level prices, the new recession-era way to eat. The Dessert Truck is parked on Park Avenue, between 51st and 53rd Streets on weekdays from noon to 4 p.m.; at night, from 6 p.m. to midnight, it's at Third Avenue and 8th Street...
...stealing a car, suddenly flings himself into the apartment. Through the cold heat of silence, these two strangers embrace on a lonely mattress. In the morning, the two lovers glide through the city lip-locked, ordering chicken and blueberry muffins for breakfast. In the last shot, a tow truck carrying the stolen car glides past them in the street. All this culminates under the lull of John Lurie’s syncopated voice.This is the premise of “Keep It For Yourself,” a stunning film by French director Claire Denis. Originally made as an extended...
...substitute for living, so the school also runs "holidays" to help people engage with their surroundings. Students can go to Heathrow Airport ($480) to explore the anxiety, fear and love brought forth by travel. And De Botton leads a lecture tour on the "haunting, alienated quality" of British truck stops. "It's a chance," he says, "to make ourselves more at home in the world we live...