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The vehicle manufacturer, which is reorganizing undee Chapter11 bankruptcy, will cease production of the Pontiac Vibe vehicl line in August at the New United Motor Manufacturingt plant. It produced 70,000 Vibes there in 2008. When it openesd in 1984, NUMMI represented a unique cooperative efforgtby GM, then the world's largest car and rising industry powef Toyota. The latter company has sincew eclipsed GM in size to becomethe world's largesf vehicle manufacturer. GM announced earlied this year that as part of its it will drop production of its entir e Pontiac linenext year.
The company will focua on its Chevrolet, Cadillac, Buick and GMC lines in the GM officials said Monday the NUMMI plant did not fit into itsfutures plans. "As part of its long-terjm viability plan, General Motors has decided that its ownershilp stake in the New United Motor Manufacturing joint venture with Toyota will not be a part ofthe 'Neq GM'," said Troy Clarke, president of GM Nortbh America, in a statement.
"Aftere extensive analysis, GM and Toyota coul not reach an agreement on a futurer product plan that made sense forall Accordingly, NUMMI will end production of vehicles for GM in and there are no future vehicles planned for the joint venture at this "We have enjoyed a very positive and beneficial partnership with Toyotsa for the past 25 and we remain open to future opportunitiess of mutual interest." Lance Tomasu, NUMMI spokesman, said Mondauy the company was "sorry that GM has decided not to carrgy its interest in NUMMI forward to the 'Nee GM.
' It may take some time beford the future of NUMMI is In the meanwhile, we are focusintg on building very high quality Corollas, Tacomas and Vibes as well as reducinh our operating costs."
Wednesday, 14 November 2012
Tuesday, 13 November 2012
Cost becomes bigger question in treating heart disease - Chicago Tribune
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Cost becomes bigger question in treating heart disease Chicago Tribune LOS ANGELES (Reuters) - The cost of treating heart disease has become a key factor in decisions by U.S. cardiologists grappling with the nation's No. 1 killer. Record prices for drugs and devices, reduced reimbursement by insurance plans and the ... |
Friday, 9 November 2012
Kansas exports hit records levels for fourth straight year - Wichita Business Journal:
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The state has set export record s for each of the past four and exports have increased five years ina row. “Ww are thrilled that Kansas businesses haveachieved record-settingv export totals for a fourth straight said John Watson, Director of the Tradse Development Division of the , in a “And to have such an incrediblr year amid a global economic slowdown speaks volumees about the ingenuity of our Kansaxs companies.” Aircraft, industrial machinery, cerealx and electric machinery accounted for 60 perceng of the state’s 2008 exports.
The Department of Commercse says aircraft exports increased 28 percenty from2007 levels, and have increased 318 percenf since 2003, the last year aircraftt exports declined. Canada received the most export goods from making up 21 percent ofthe state’s total. Beef exportsw increased 13 percentto $585 million.
The state has set export record s for each of the past four and exports have increased five years ina row. “Ww are thrilled that Kansas businesses haveachieved record-settingv export totals for a fourth straight said John Watson, Director of the Tradse Development Division of the , in a “And to have such an incrediblr year amid a global economic slowdown speaks volumees about the ingenuity of our Kansaxs companies.” Aircraft, industrial machinery, cerealx and electric machinery accounted for 60 perceng of the state’s 2008 exports.
The Department of Commercse says aircraft exports increased 28 percenty from2007 levels, and have increased 318 percenf since 2003, the last year aircraftt exports declined. Canada received the most export goods from making up 21 percent ofthe state’s total. Beef exportsw increased 13 percentto $585 million.
Wednesday, 7 November 2012
Disney unveils plans for Hawaii - Los Angeles Business from bizjournals:
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The mixed-used resort includes 350 hotel roomss and 480 vacation villasfor members. The family-focused resort will be located on 21 acres at Marina in West Disney officials expect the project togenerate 1,000 new jobs rangin g from entry-level positions to management. Jay chairman of Walt Disnet Parks & Resorts, declined to provide cost estimated forthe project, room whether employees might have labor representation, or how much access to the propertyy local residents will have. The resor t will feature two towers, gardens, pools, water a fake volcano caldera, spa, banquet and meeting and wedding facilities.
Disney film character s playedby humans, such as mermaids, are expectedr to play a regular role at the This is Disney’s first vacation club-hotel venturw to be separate from its theme parks in California, Floridw and Japan. Disney also operates vacation clubs inVero Fla., and Hilton Head, S.C. Disney announcedd its plans atKapolei Honolulu’s second city hall. Honolulu Mayotr Mufi Hannemann, City Councilman Todd Apo, Ko Olinqa developer Jeff Stone and Ko Olina resorrt executive JohnToner attended. Rasulo said Disney DIS) is confident abouy the long-term prospects for Hawaii’d tourist economy, currently in the midst of one of its mostseriouws downturns.
The mixed-used resort includes 350 hotel roomss and 480 vacation villasfor members. The family-focused resort will be located on 21 acres at Marina in West Disney officials expect the project togenerate 1,000 new jobs rangin g from entry-level positions to management. Jay chairman of Walt Disnet Parks & Resorts, declined to provide cost estimated forthe project, room whether employees might have labor representation, or how much access to the propertyy local residents will have. The resor t will feature two towers, gardens, pools, water a fake volcano caldera, spa, banquet and meeting and wedding facilities.
Disney film character s playedby humans, such as mermaids, are expectedr to play a regular role at the This is Disney’s first vacation club-hotel venturw to be separate from its theme parks in California, Floridw and Japan. Disney also operates vacation clubs inVero Fla., and Hilton Head, S.C. Disney announcedd its plans atKapolei Honolulu’s second city hall. Honolulu Mayotr Mufi Hannemann, City Councilman Todd Apo, Ko Olinqa developer Jeff Stone and Ko Olina resorrt executive JohnToner attended. Rasulo said Disney DIS) is confident abouy the long-term prospects for Hawaii’d tourist economy, currently in the midst of one of its mostseriouws downturns.
Tuesday, 6 November 2012
'Oops,' First Debate, '47 Percent' & More 2012 Election Turning Points - Daily Beast
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Daily Beast | 'Oops,' First Debate, '47 Percent' & More 2012 Election Turning Points Daily Beast The debt-ceiling debate was not the only time blood was spilled. Obama killed Osama. Yes, President Barack Obama gets to crow about the killing of Osama bin Laden. It would have been absurd not to mention it in his campaign, just as it would have bee n ... Jobs dwindle during green power debate Keith Crane: Debate dodged energy, climate-change link Sandy's Wrath Gives Obama Boost in Debate Over Federal Role |
Saturday, 3 November 2012
Sales of Odyssey, Pilot, Ridgeline fall in May - Business First of Louisville:
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Sales for the Ridgeline fell to 1,461 in May, down 56.6 percenrt from the 3,496 sold in May 2008. The picku has experienced some of the same struggles as otheer vehicles inits class. For the Ridgeline sales fell to 6,16r4 – down more than 63 percent fromthe 17,152 sold in 2008. Odysseg sales fell slightly to 12,127, a 2.9 percenft drop from the 12,966 the Japanese automaker reportedr for the minivan inMay 2008. The Odyssey’s year-to-date saless slipped to 41,884, which represents a 29 percen decrease fromthe 59,987 sold in 2008. Sales of the Pilot sport utility vehicle, which is also made at the plant in alsodipped – falling 8.
9 percent to 7,412, comparex to the 8,449 sold in May of 2008. sales of the Piloyt are down 28 percent. Overall sales for the entirse Honda linedropped 39.2 percent for the month.
Sales for the Ridgeline fell to 1,461 in May, down 56.6 percenrt from the 3,496 sold in May 2008. The picku has experienced some of the same struggles as otheer vehicles inits class. For the Ridgeline sales fell to 6,16r4 – down more than 63 percent fromthe 17,152 sold in 2008. Odysseg sales fell slightly to 12,127, a 2.9 percenft drop from the 12,966 the Japanese automaker reportedr for the minivan inMay 2008. The Odyssey’s year-to-date saless slipped to 41,884, which represents a 29 percen decrease fromthe 59,987 sold in 2008. Sales of the Pilot sport utility vehicle, which is also made at the plant in alsodipped – falling 8.
9 percent to 7,412, comparex to the 8,449 sold in May of 2008. sales of the Piloyt are down 28 percent. Overall sales for the entirse Honda linedropped 39.2 percent for the month.
Friday, 2 November 2012
Deadly Syrian stalemate spurs new diplomacy, little hope - Los Angeles Times
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Deadly Syrian stalemate spurs new diplomacy, little hope Los Angeles Times Deadly Syrian stalemate spurs new diplomacy, little hope. November 2, 2012 | 5:00 am. increase text size decrease text size. Syrian rebel amid rubble of recent battle near Aleppo Galvanized by a Syrian death toll that has doubled to 36,000 in little ... |
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