Word: volvo
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Dates: during 1990-1999
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...father, there is the matter of her mother, a prominent sportswriter who had worked for the New York Times, Playboy and other publications and was a reminder that tennis moms can be a bit overzealous. She has been a dedicated single mother, driving her daughter in an old Volvo station wagon to junior tennis tournaments throughout the U.S. and paying for expensive lessons. She has also publicly acknowledged, since Alexandra was four, that she intended her daughter to play at Wimbledon. "When Alexandra was born, I realized that she was going to be my future," Samantha told reporters. "The bottom...
...world's seventh largest carmaker. Renault could afford it because that week Nissan's stock price had sunk low enough so that a 33.4% share (which counts in Japan as a controlling interest) was worth around $2.8 billion--or barely half of what Ford recently paid for Volvo, the world's 21st largest carmaker...
...headache to anyone. Analysts estimate that its debt nearly doubles when the financial obligations of its many affiliates are thrown in. "We don't want to spend our hard-earned money buying someone else's hard-earned debt," said Ford co-chairman Jacques Nasser not long before he bought Volvo last month. Some top Ford executives were certain last fall that Nissan was worth a serious look, and they went so far as to invite Hanawa to Dearborn. But even before the Japanese executive got there, enough intelligence had come back from Japan that the bloom was way off Nissan...
...Think of those 3,000 varieties of door panel," he continues. "If you assembled those in southern Germany, you can imagine what kind of pipeline you'd need to deliver them in sequence. The number of manufacturing jobs associated with Volvo has gone up 300 in the past year, but our own head count has gone down...
...company that is buying Volvo's carmaking division is no slouch at sequencing either. In Saarlouis, Germany, Ford representatives show off a 3,000-foot-long ski-lift contraption that feeds 58,000 sequenced components daily into the company's assembly flow, replacing 3 million miles' worth of truck travel over the course of the year. The modular scheme will enable the company to offer the same diversity of car models on just 16 different chassis by next year, down from 32 platforms in 1998, as part of an overall plan to trim yearly costs $1 billion worldwide...