Word: autos
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...commensurately for the arrangement to make sense. Dump as much debt as you can. If the economy tanks and your income goes down, high-rate credit-card debt, especially, can ruin you. Pay off high-rate non-tax-deductible debts first. If possible, consolidate your nondeductible debts--including auto loans--into a deductible home-equity loan. Target variable-rate loans first...
...original model, the company has launched two new vehicles, including a minivan, which goes on sale this week, only five months after the plant geared up production for it. There have been plenty of problems and more than a few Mickey Mouse alarms along the way, but the auto plant has become a textbook example of how a joint venture in China can succeed--as well as a prime exhibit in the politically charged debate over U.S.-China trade...
...legal system may be the last refuge of doomed business models. When Big Steel and the auto industry were under pressure during the '70s from low-cost imports, their first instinct was not to change their outmoded manufacturing plants but to beseech the courts to bar the outlanders. The record industry has taken a similar tack, charging the purveyors of digital music with violating copyright law and Fair Use agreements. But even favorable rulings like the one the Record Industry Association of America won in district court against popular music website MP3.com provide only temporary respite. Sooner or later...
...products (and perhaps an additional $500 billion of those suppliers' suppliers' products). In short, every penny of waste will be wrung from the mammoth procurement system. The order cycle will speed up dramatically. Medibuy aims for the same hat trick in medical supplies, DigitalThink in training, CarStation in the auto-body-shop world. This is the white-hot world of B2B (business to business) electronic commerce, which will soon encompass trillions upon trillions of dollars in transactions...
...STOCKBROKERS, AUTO DEALERS, MAIL CARRIERS, INSURANCE AND REAL ESTATE AGENTS The Internet will eradicate middlemen by the millions, with a hardy few remaining to service the clueless. You'll cut us a deal, right...