Arizona Republic from Phoenix, Arizona • Page 31

BUSINESS THE ARIZONA REPUBLIC World's cheapest car unveiled at auto show D2 FRIDAY, JANUARY 11, 2008 mm jjji wiiiiijipiipjiBii -jJ -Mi jn i 1 -''StliT 1 a UnT-TMl f. 7 Jhi mmttr UgftBLi Members of the media look at the newly launched Tata Nano car Thursday at the ninth Auto Expo in New Delhi, India. The basic model will sell for 100,000 rupees, or about $2,500. By Gavin Rabinowitz Associated Press NEW DELHI For millions of people in the developing world, Tata Motor's new $2,500 four-door subcompact, the world's cheapest car, may yield a transportation revolution with as great an impact as Henry Ford's Model which rolled off an assembly line one century ago. The potential impact of Tata's Nano has given environmentalists nightmares, with visions of the tiny cars clogging India's already-choked roads and collectively spewing millions of tons of carbon dioxide into the air.

Industry analysts, however, say the car may soon deliver to India and the rest of the developing world unprecedented mobility. "It is a potentially gigantic development if it delivers what has been promised," said John Casesa, managing partner for the Casesa Shapiro Group, a New York-based auto-industry K'S lri lirf' MUSTAFA QURAISHIASSOCIATED PRESS S. Nakanishi, managing director of Maruti Suzuki India poses with the company's new "Concept A Star" at the Auto Expo. SAURABH DAS ASSOCIATED PRESS analysts estimate customers could pay 20 percent to 30 percent more to cover taxes, delivery and other charges. Company chairman Ratan Tata, who introduced the new car at India's main auto show, has long promised a $2,500 "People's Car" for India, a country of about 1.1 billion where only seven of every 1,000 people own a car.

financial advisory firm. "I think there is immense unmet demand for a vehicle of this type, because it effectively eliminates the great leap currently required to go from a two-wheel to a four-wheel vehicle," he said. The basic model, expected to roll off assembly lines later this year, will sell for 100,000 rupees, or about $2,500, but let reporters sit in the car, let alone drive it But the basic version is austere: there's no radio, passenger-side mirror, central locking or power steering and only one windshield wiper. Air-conditioning that would spare motorists the brutal Indian summer is only in deluxe models. Four company executives emerged from another.

Tata says the Nano can sit five. The company will not say how the price was kept so low on the basic version and won't say how much the luxury Nano will cost until it hits showrooms the end of this year. The company also refused to That vow has been much-derided by the global industry which said it would be impossible without sacrificing safety and quality. "A promise is a promise," Tata told the crowd after driving onstage stage in a white, luxury edition Nano, his head nearly touching the roof. Honeywell to cut 240 Gannett exec Sue Clark-Johnson will retire in May, return to Valley Local community groups look forward to working again with former 'Republic' publisher the expect her to do same HONEYWELL Continued from Dl changes was made for business reasons and is not a reflection on performance," he said.

"To remain competitive, we must make these changes to ensure long-term growth for the business." Rep. Steve Gallardo, D-Phoenix said he is concerned about such a loss of well-paying manufacturing jobs. "We should be doing what we can to keep these types of high-paying jobs in Arizona," he said. Jake Saylor, a spokesman for the Honeywell unit, said the $2 billion-a-year business will continue to be headquartered in Phoenix. He said the cuts represent the last of a number of manu facturing jobs that have been moved out of the Union Hills Drive facility in Phoenix.

Saylor said he could not say how many jobs have been cut at the division over the past few years or the average wages paid to the affected workers. Bolick said the Phoenix jobs will be moved to York, as well as overseas to Tianjin, China; Sari, Switzerland; Pune, India; and Bangalore, India. Saylor said that the jobs will be cut over the next 18 months and that, depending on circumstances, the affected employees will be offered help in applying for other positions at Honeywell, outplacement services and severance pay. Reach the reporter at max or 602-444-7351. lenges with its new focus.

"We have something that all the other media out there want: our content," she said. "We have good content, and we have good relationships in our communities. And in the long run, that will put us in very good stead." She added, "If I didn't believe in where we were right now, I'd probably stay. But I think we're on the right track." Reach the reporter at. andrew TOM TINGLETHE ARIZONA REPUBLIC Sue Clark-Johnson has been with Gannett for over 40 years.

again," she said. Clark-Johnson's involvement has earned her tion from several industry and groups, including the National Association of Minority Media Executives, National Association for Female Executives, Anti-Defamation League's Arizona region and Fresh Start. Clark-Johnson currently serves as chairwoman for the Newspaper Association of America, which comprises publishers and executives representing the newspaper industry. Clark-Johnson's roles in the news industry have included stints at all levels. Her career began at Gannett's Press Sun-Bulletin in Binghamton, N.Y., where she was women's editor and family news reporter and eventually rose to the publisher role.

From Binghamton, she was promoted to senior group presidentPacific Group and publisher of the Reno Gazette-Journal. Industry changes Clark-Johnson's departure comes at a time when the newspaper industry is struggling with declining circulation and advertising revenue, creating the need for new operating models. In her current role, Clark-Johnson has overseen Gannett's regent push to make its newsrooms more community-focused, with an emphasis on using every medium available, including online, newspapers and magazines. In a statement, Craig Du-bow, Gannett chairman, president and CEO, said she has "been instrumental in creating the momentum for our strategic plan." "I deeply respect Sue's decision, but we will miss her energy, vision, leadership and innovation," Dubow said. Clark -Johnson said she feels confident in the company's ability to weather the chal- -VT- in cot rk, 7 II wi A Minimum Roll of 20 Full Troy Ounce of Silver Gem Brilliant Uncirculated Pure .999 Fine Silver Diameter 40.6 mm full of energy, gets things done and motivates others at the same time," Ralston said.

Gov Janet Napolitano also praised Clark-Johnson's leadership skills and contribution to the state. "I'll 'look forward to having her back in Arizona and the good work she will do once she is home," she said. Despite her work in the Washington, D.C., area, Clark-Johnson remained connected to some Valley organizations. That includes the Transla-tional Genomics Research Institute in Phoenix, where she sits on the board. Dr.

Jeffrey Trent, TGen's president and scientific director, called her return to the Valley "joyful news." Trent described her as a "strategic voice of reason" and a "consummate multitasker" who is able to provide concise feedback. Judy Jolley Mohraz, president and CEO of the Virginia G. Piper Charitable Trust in Scottsdale, described Clark-Johnson as a collaborative leader who brings people together around common goals. "From the time of her arrival (in the Valley), she involved herself in the community, and I By Andrew Johnson and Russ Wiles The Arizona Republic Many Arizona leaders enthusiastically greeted the news that former Arizona Republic Publisher Sue Clark-Johnson will be retiring in May as Gannett chief newspaper division executive and returning to the Valley. Clark-Johnson on Thursday announced her retirement from the McLean, Va.

-based parent company of The Republic, azcentral.com and Channel 12 0KPNX). The former chairman and chief executive officer of Phoenix Newspapers Inc. said her return also will bring her back to her family. Along with husband Brooks Johnson, she has maintained a home in the Valley. "I've been with the Gannett Company for over 40 years, and I've had a great run," she said.

"I've had a lot of fun. I've worked with some great people. I've been able to do almost everything you can do in this industry, and I've had a very good time doing it." Clark-Johnson has no definite plans upon her return but likely will devote time to community organizations and their causes. She became president of Gannett's Newspaper Division in September 2005 and, before that, had held the top post at Phoenix Newspapers, which publishes The Republic, since 2000. While in Phoenix, she also was senior group president of Gannett's Pacific Newspaper Group, overseeing 32 companies, including several newspapers.

"On a personal note, it will be great to have Sue back in town," said John Zidich, president and publisher of The Republic. "But coming from someone who worked for Sue for many years, it's tough to know the passion and energy she brought to the company on a day-to-day basis will come to an end. Sue loved the company, but what made her special is she loved the people even more." Valley connections During her time in Phoenix, Clark-Johnson was active in various leadership roles. Some colleagues said they hope she will become more involved again. "She's a great participant and a supporter of the organizations where she participates," said Barbara Ralston, president and chief executive officer of the Fresh Start Women's Foundation.

Clark-Johnson previously served on the board of the Phoenix organization, which aims to help women become emotionally and financially independent "She's the perfect example of leadership in that she's so I Miomu Stock Up On All Back Date Silver Eagles in Gem Uncirculated Condition at Our Lowest Prices! Since 1986, the United States Silver Eagle has been one of the most widely sold bullion coins in the world. These genuine, Legal Tender coins, are the largest Silver Dollars ever minted in U.S. history. They depict the classic Liberty Walking design on the obverse, and the majestic Heraldic Eagle on the reverse. 2002., 2003., 2004..

2005.. 2006.. 2007.. ,16.95 .16.95 .16.95 .16.95 .16.95 .16.95 ..19.95 ..16.95 ,.16.95 ,.16.95 ,.16.95 ,.16.95 ..16.95 ,.16.95 1994., 1995., 1996., 1997.. 1998., 1999..

2000.. 2001.. 1986.. 1987.. 1988..

1989.. 1990.. 1991.. 1992.. 1993..

..22.95 ..21.50 ..67.50 ..18.95 ..17.95 ..17.95 ..16.95 ..16.95 -k Complete Set of Silver Eagles 1986 to 2008-23 Different Coins Complete With a Deluxe Album DILBERT THIS DESIGN WILL NEVER WORK IN THE REAL UORLD. Silver has always been an excellent store of wealth, and has made a dramatic increase over the years. In fact, on Dec. 2, 2002, Silver bullion was $4.43 per ounce. By Jan.

3, 2008, Silver was $15.40 an ounce. An investment in 1,000 ounces, for $4,430., would be worth $15,400. just 5 years later! For a limited time only New World Rarities, is offering 2008 American Silver Eagles at dealer cost. The Minimum purchase for these Gem Brilliant Uncirculated Silver Dollars is 20 pieces 20 $16.95 $339.00 For all orders under $1,000. add $15.

For all orders $1,000. and over, add $25. Coins are available on a first-come, first-served basis. Money back if not delighted. Call Toll Free 1-800-431-1018 THAT DESIGN IS ALREADY WIDELY USED IN THE REAL UORLD.

I CAN COhE BACK LATER IF YOU NEED TINE TO CONCOCT ADDITIONAL Ask for dept. 5E-1 1 UNINFORMED CRITICISMS. Ask About Our Rare Date Gold S. Silver Specials! ft ki4 Wv it New "Wortd parities, Ltd. 67Q Old Willets Path Hauppauge, NY 1 1788 Dealer cost is based on daily spot silver prices.

Supplies are limited and prices are subject to change without prior notice. This offer is for first time buyers only. Allow 4 to weeks for delivery. www.nwranties.com "Based on closing price for spot silver on Jan. 3, 2008.