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announcement by CEO Jac Nasser calling for the replacement of 13.5 million
Firestone tires on its SUVs has re-ignited debate about responsiblity
for the alleged safety problem, a nightmare likely to drag on for years.
We Wouldn't Buy Automotive Stocks
Just Yet: Part 2
MYRON D. STOKES
Why are there so many people buying SUVs? Because their accountants
told them to, that's why. In the last decade SUVs have accounted for nearly
50 percent of all vehicles sold in the U.S. Sales have grown 287 percent
since 1990, far outpacing the vehicle market overall - an increase of
percent 41. If you removed SUVs from the mix, the market grew only 21
Generation Rapid Deployment Force May Get Supersonic Wings
MYRON D. STOKES
Pentagon sources are alluding
to the military's interest in adapting the largest version of Boeing's
new product line, announced today, for supersonic transport of next generation
Rapid Deployment Forces.
Power to Win
With more than $100 million
committed to developing engines for the Formula 1 and CART racing series
in 2000, the pressure to win was felt by nearly everyone at Ilmor Engineering,
the race-engine building arm of DaimlerChrysler's top brand, Mercedes-Benz.
The Sonic Cruiser
Boeing shocked the world
with the announcement of its intent to channel significant corporate resources
into the building of the 300 passenger Sonic Cruiser.
The company was immediately challenged
by industry analysts and executives. A look back at the original research
from the 1962-1971 period.
of the Boeing Company.
Majestic Bird Returns
BY MYRON D. STOKES
my first flight on Concorde, it was March 1984 and I had the priviledge
of participating in the plane's inaugural run from Tampa to London. I
remember the thousands of people who came out for the takeoff and the
thrill evident on their faces.
On the Verge of Change
MYRON D. STOKES
It is said that the automobile
is the most significant contrivance of humankind - along with the aeroplane
- from the standpoint of its being a "technology sponge." That
is to say, it's not only capable of absorbing and utilizing virtually
all existing technology, but that yet to be invented.
Toyota: Another Look
At A Recovery Strategy
MYRON D. STOKESThe impending fall of the Indonesian
government will send shock waves throughout Asia-Pacific. The implications
for foreign firms doing business in the region are profound.
DaimlerChrysler Must do Balancing Act to Fight off its Financial Woes
BY MARTHA HINDES
For DaimlerChrysler, the formal
release of its first quarter earnings report simply stated the obvious.
Just about every aspect of the business except its elite Mercedes-Benz
vehicle line was awash in red ink or struggling to stay in the black.
And as the German-American company pushes to bring its balance sheet back
into the plus column, it isn't just a loss of income from vehicle sales
that it must deal with.
Heinz Prechter: Eulogy for
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Heinz Prechter, a German immigrant who used his initiative and determination
to carve out a global auto supply empire in his adopted homeland and elevate
himself to the heady ranks as a confidant of presidents, was found dead
on July 6 at his Grossse Ile home.
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