The US automotive industry has been undergoing tremendous changes in recent years. Some of these changes include significant reductions in employment, factory closings, bankruptcies among the supplier base, downgrades on corporate bond issuances, and consolidations. One needs to merely pick up any daily newspaper to also see the market share losses by the group formerly known as the Big Three (now more appropriately called the Detroit Three -- Daimler Chrysler, Ford Motor Co, and General Motors). While the Detroit Three have been dealing with mostly bad news, foreign nameplate producers are enjoying a very different environment. The keyword that seems to address the difference between the companies gaining share and those that are losing share is flexibility. The Detroit Three are striv...
BEIJING - A year after a public spat with Beijing over censorship, Google Inc. says its business with Chinese advertisers is growing even as the Internet giant's share of online searches in China plunges. A major Chinese portal announced last week it would no longer use Google for search, compounding its rapid loss of market share since March last year when it closed its local search engine. The future of a Google map service that is a key part of its remaining appeal in China is in doubt.
BEIJING (AP) -- A year after a public spat with Beijing over censorship, Google Inc. says its business with Chinese advertisers is growing even as the Internet giant's share of online searches in China plunges. A major Chinese portal announced last week it would no longer use Google for search, compounding its rapid loss of market share since March last year when it closed its local search engine. The future of a Google map service that is a key part of its remaining appeal in China is in doubt.
To: NATIONAL EDITORS Contact: Tom Gresham, VCU Communications and Public Relations, +1- 804-828-6051, tmgresham@vcu.edu
MILWAUKEE - Just as the war over light beers has reached a fever pitch, Miller Brewing Co. has decided to open a new front in the economy beer segment. Miller and other brewers have lost market share in the low-price category to market leader Anheuser-Busch Cos. Inc., which accounted for 53 percent of the category in 2004, up from 48 percent in 1999, Miller said.
When you talk about Taurus you have to think about how the Taurus has connected with the public in the past," said [Earl Lucas]. "It is going to connect and resonate with people and fit their lives. We are trying to rekindle its spirit from its past. "In the past, the designers have been given these platforms, and the platforms never suit a design that's sparked any interest among consumers," said [Tim Hartge]. "They've had these great designs at the auto show, and the actual product doesn't come out. They have to give people what they want and try to figure out a way to use product that they have with the cost constraints." "We have been reviewing what's gone wrong, what's gone right," said [Ralph Gilles], who won international acclaim as the lead designer of the award-winning Chrysl...
...Interfacing with the market, said Lucas, is critical to pulling off a vehicle ... downfall of the Detroit Three has been the loss of U.S. market share and plenty of it. Since 1990,...
New study shatters myths about wine consumers, uncovers opportunities for wine industry. NAPA, Calif., Oct. 19 /PRNewswire-USNewswire/ -- A consumer study released today shows that physiology plays a major role in determining wine preferences and that White Zinfandel drinkers are often the most sensitive tasters shattering the myth about sweet wine consumers. The study was conducted in conjunction with the Consumer Wine Awards at Lodi. Tim Hanni, Master of Wine and originator of the study, says, "We have uncovered a glaring error and misunderstandings by the wine industry that has led to the disenfranchisement of millions of consumers and a significant loss of market share to other beverages.
Todd Zywicki and Joshua Wright's claims about the payment card market and economic theory are incorrect ("Durbin's antitrust fantasies," Opinion, Friday). MasterCard and Visa compete for card issuers, not for consumers or merchants. Competition for issuers does not result in consumer benefit because issuers are not price- competitive. They retain interchange revenue rather than pass it along to consumers via lower card prices or greater rewards. Retailers generally are more price-competitive than card issuers, so they are more likely to pass along the savings from lower interchange fees to consumers. Mr. Zywicki and Mr. Wright also refuse to address clear evidence of an uncompetitive market: This year, Visa raised its debit interchange fees by as much as 40 percent without suffering any...
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