Word: carly
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Dates: during 2000-2009
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...noble sacrifice to save the lives of others, including that of his infant son precisely as he makes his way down the birth canal. The next time we see young Jim - in an energetic Spielberg-influenced sequence - he's a bratty Iowa farm boy of about 11, stealing a car and fulfilling every stereotype of a kid lacking a proper father-figure (his mother is "off-planet"). Flash forward another decade and Kirk (Chris Pine) is a townie, living in the shadow of a Starfleet campus, which looms over the cornfields like a scarily large silo. He's still...
Strong initial orders for Tata Motors' new ultra-cheap car, the Nano, have boosted the struggling Indian carmaker's finances while prompting competitors to launch their own low-cost models. (Read "The World's Cheapest Car Debuts in India...
...formally debuted in Mumbai, Tata Motors announced this week that it had taken pre-paid orders for 203,000 vehicles during a special 16-day booking period that ended April 25. Dilip Chenoy, director general of the Society of Indian Automobile Manufacturers (SIAM), says the Nano is the first car in India to log more than 200,000 orders at launch. In comparison, the tiny Suzuki Alto, one of the Japanese carmaker's best-selling Indian offerings, has sold 913,000 units in the domestic market since 2000. (See the 10 things you should know about the Nano...
...unusual sales scheme for the Nano could ease some of its financial pressures related to $3 billion in short-term debt taken on by the company to acquire Jaguar and Land Rover from Ford in March 2008. Because buyers placing orders for Nanos were required to pay for their cars in full, Tata Motors - India's largest car company - is receiving a $507 million cash infusion. Analysts say the revenue will reduce the company's liquidity problems and make it easier to refinance its outstanding loans, which come due next month. Tata Motors repaid $1 billion of the debt through...
...start looking at the sector not just as a symbol of the frothy good times - but as a way to get economies back on track. "What are governments trying to do in a recession? They're trying to create jobs," Lipman says. "They say, 'Let's bail out the car manufacturers, let's do something about the banks,' and they forget about the major opportunity they have with the travel sector...