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If so, it's a perplexing misstep by a country that has seen what kind of tsunami an earthquake this strong can hurl - as it did in 1960, when a 9.5-magnitude quake, the most powerful ever recorded, killed more than 1,600 people. Inexplicably, in the minutes after Saturday...

Author: /time Magazine | Title: Chile: Prepared for the Quake but Not the Tsunami | 3/1/2010 | See Source »

Specific reasons for the failure of the deal, first announced last June, were not released. But Chinese regulators had frowned on the purchase for much the same reasons that U.S. consumers shunned the Hummer: the vehicle's size and poor fuel economy were impractical in an era of high fuel...

Author: /time Magazine | Title: A Deal Sours, and the Hummer Bites the Dust | 2/25/2010 | See Source »

The Chinese company had indicated that it wanted to put the Hummer on a diet and produce a leaner, more fuel-efficient version of the behemoth vehicle, which topped out at 15 m.p.g. for the once popular 2½-ton H3 model. A descendant of the U.S. military's humvee...

Author: /time Magazine | Title: A Deal Sours, and the Hummer Bites the Dust | 2/25/2010 | See Source »

Over the past year, China has encouraged the sale of economy cars. As part of its stimulus efforts, the government halved taxes on vehicles with engines smaller than 1.6 L. Combined with the relative health of the Chinese economy, car sales soared. In 2009 mainland consumers bought more vehicles than...

Author: /time Magazine | Title: A Deal Sours, and the Hummer Bites the Dust | 2/25/2010 | See Source »

See the most important cars of all time.

Author: /time Magazine | Title: A Deal Sours, and the Hummer Bites the Dust | 2/25/2010 | See Source »

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