Word: bmw
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That didn't stop car manufacturers like Toyota and BMW from pulling out of the sport anyway (Honda had quit at the end of 2008.) That leaves only three major carmakers - Ferrari (owned by Fiat), Mercedes-Benz and Renault (though the latter recently sold a majority stake in the racing team to Luxembourg investment firm Genii Capital) - still in F1. "The sport just wasn't delivering the value," says John Howett, head of Toyota Motor Sports. For the new season, some of the old names have been replaced by entrepreneurs with more dash than cash. Ecclestone calls the new teams...
Soon, however, the troops began to feel like they were trapped inside a gold mine with no way to extract the bullion. Their stacks of dollars and pesos added up to nothing because there was nothing to buy: no bars, no brothels, no BMW dealerships. "Imagine having so much money and nothing to eat!" said one of the Colombian GIs, Frankistey Giraldo, whose father named him after Frankenstein. When they looked at themselves, they still saw a bunch of hungry, unwashed peasants in the middle of no-man's land. They were fabulously wealthy. Except they weren...
...people homeless in 2009. Of these, experts estimate that up to 10% live in vehicles - even though doing so is illegal in most of the county. A similar situation is true for many other regions across the nation, especially in the Sun Belt. A woman lives in her BMW in Marina Del Rey, a swank L.A. address on the coast. PATH outreach workers Jorge Guzman and Tomasz Babiszkiewicz say she was an executive recruiter until the Great Recession. "She was self-employed for 36 years," says Guzman. "Now she sits in the car with a blanket and reads...
...believes that Toyota's problems could prompt consumers to take a second look at American brands such as Ford and Chevrolet and could also boost Korean nameplates such as Hyundai and Kia, which have lineups that closely match Toyota's. Even European luxury makers such as Mercedes-Benz and BMW, which have been eclipsed by Toyota's Lexus brand, could benefit, he says...
...vital for Kraft to be viewed as respectful of Cadbury's British values - especially in the U.K., the world's second largest candy market. But it needn't be unprofitable. Take the Mini, for instance. German automaker BMW, which started producing the cars in 2001 after the collapse of British manufacturer Rover Group, has reaped rich rewards by "playing up the Britishness and keeping a link to the heritage" of its spruced-up new models, says David Bailey, a professor of international business strategy and economics at Coventry University. Ford, on the other hand, fell afoul as the former owner...