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...numbers in absolute terms remain small: only 9,000 of the 1.8 million cars sold in India last year were luxury vehicles, but so far the slow and steady approach is paying off. "For all of these companies like Rolls-Royce and Lamborghini, sales have exceeded expectations," says Blokland. "They're all very happy with the sales they've done here...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

...experience because the [hired] driver experiences the driving; the owner experiences the backseat." Because the backseat rather than the driver's seat is a big selling point, unlike in most markets, bigger and more expensive BMW 5 Series sedans outsell the more affordable, smaller 3 Series models. This flexible approach has paid off for BMW, which finished the year as the top seller of luxury cars in the country. The competition, however, is good for everyone, says Kronschnabl, who expects the luxury market will more than double in size by 2015. "There's still pent-up demand," he says. "Everyone...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

...everybody is sympathetic to the migrants. Italian Interior Minister Roberto Maroni, a member of the anti-immigrant Northern League Party, blamed the riots on his country's lax approach to undocumented workers. "For years illegal immigration - which feeds criminal activities - has been tolerated and nothing effective has ever been done about it," he said. Never mind that the IOM estimates that at least half of the evacuated workers now held in reception centers obtained regular working papers. Or the fact that migrant workers make up a vital part of many industries. "It's very difficult to crack down on illegal...

Author: /time Magazine | Title: In Italy, Racial Tensions Explode into Violence | 1/12/2010 | See Source »

...upside of this approach is obvious: It gets things done. Between the stimulus package, the pending health care bill and a new raft of financial regulations, Obama will soon be able to claim more major legislative accomplishments than any Democrat since Lyndon Johnson. The downside, though, is that sometimes what gets done isn't worth doing...

Author: /time Magazine | Title: Verbatim | 1/11/2010 | See Source »

...Mustafa. "[Popularity] is not calculated this way in Egypt or in the Arab world in general. Popularity is not the element or the factor that could really influence the regime or push the regime to adopt this policy or that one." But for an already unpopular regime, an unpopular approach to Gaza may still be a step onto ever thinning...

Author: /time Magazine | Title: In the Siege of Gaza, Egypt Walks a Delicate Line | 1/11/2010 | See Source »

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