Word: auguste
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...truck hit in the U.S. to offset weaker prospects in other areas. While Toyota is expanding rapidly in Europe and China, those sales tend to be concentrated in the compact-car segment, in which profit margins are low. In Japan, where Toyota intends to launch its Lexus brand in August, the company may have a hard time expanding market share, already at 44%. The dollar's slump against the yen, meanwhile, makes Japanese exports more expensive...
...everybody," says Rob Hinchliffe, an auto analyst at UBS. Indeed, even Toyota vice chairman Fujio Cho has acknowledged the blur that is getting bigger in his rearview mirror. "Hyundai has quality and prices that have caught customers' attention, not to mention ours," he said at an auto conference in August...
...accidents since 1964. The most notable: an Eastern Airlines 727 crash on landing at New York's JFK Airport in 1975 that killed 113, and a Pan American 727 accident after takeoff from New Orleans in 1982 that left 153 dead. President Reagan was in Air Force One in August 1983 when it landed at Maryland's Andrews Air Force Base moments before wind shear flattened trees at the airfield...
...things back to earth. When I met him in Bombay, Nilesh Shah, head of equity strategy at Kotak Securities, seemed pleased but perplexed by the performance of his team's fledgling mid-cap fund, targeted at foreigners willing to pony up $100,000. Six months after its launch last August, he marveled, it had soared...
...center of Germany's Rheingau wine region is Rüdesheim, a charming town of 10,000. I visited last August, days before the hordes descended for the annual wine festival. My first stop was with Johannes Leitz of the Josef Leitz Weingut (winery). Leitz has been called one of the superstars of the region for his complex, naturally made wines...